PULITZER INC 4
4 · PULITZER INC · Filed Jun 7, 2005
Insider Transaction Report
Form 4
PULITZER INCPTZ
PULITZER MICHAEL E
Director10% Owner
Transactions
- Deposit Into/Withdrawal From Voting Trust
Class B Common Stock, $.01 par value
2005-06-03+1,438,716→ 1,438,716 total(indirect: By Trust) - Disposition to Issuer
Class B Common Stock, $.01 par value
2005-06-03−1,438,716→ 0 total(indirect: By Trust) - Disposition to Issuer
Class B Common Stock, $.01 par value
2005-06-03−1,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option (right to buy)
2005-06-03−75,000→ 0 totalExercise: $39.69From: 2000-12-17Exp: 2009-12-17→ Common Stock, $.01 par value (75,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-06-03−139,800→ 0 totalExercise: $39.88From: 2000-04-07Exp: 2009-04-07→ Common Stock, $.01 par value (139,800 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-06-03−50,000→ 0 totalExercise: $43.87From: 2001-12-11Exp: 2010-12-11→ Common Stock, $.01 par value (50,000 underlying)
Footnotes (6)
- [F1]Class B Common Stock which is convertible at any time, on a share-for-share basis, into Common Stock.
- [F2]Pursuant to the Agreement and Plan of Merger dated as January 29, 2005, as amended, among Pulitzer Inc., Lee Enterprises, Incorporated, and LP Acquisition Corp. (the 'Merger Agreement') these shares were converted into and cancelled for a cash payment of $64.00 per share.
- [F3]The reporting person withdrew these shares from the Voting Trust U/A dated March 18, 1999 in connection with the Agreement and Plan of Merger dated as of January 29, 2005, as amended, among Pulitzer Inc., Lee Enterprises, Incorporated and LP Acquisition Corp.
- [F4]Pursuant to the Merger Agreement, this option, which vested in three equal annual installments beginning on April 7, 2000, was converted into and cancelled for a cash payment equal to the product of (i) the excess of $64 per share over the exercise price per share of this option, and (ii) the number of shares of Common Stock covered by this option.
- [F5]Pursuant to the Merger Agreement, this option, which vested in three equal annual installments beginning on December 17, 2000, was converted into and cancelled for a cash payment equal to the product of (i) the excess of $64 per share over the exercise price per share of this option, and (ii) the number of shares of Common Stock covered by this option.
- [F6]Pursuant to the Merger Agreement, this option, which vested in three equal annual installments beginning on December 11, 2001, was converted into and cancelled for a cash payment equal to the product of (i) the excess of $64 per share over the exercise price per share of this option, and (ii) the number of shares of Common Stock covered by this option.