PULITZER INC 4

Accession 0001068848-05-000037

CIK 0001068848operating

View on SEC.gov Company Profile

Filed

Jun 6, 8:00 PM ET

Accepted

Jun 8, 10:56 AM ET

Size

34.5 KB

Accession

0001068848-05-000037

Insider Transaction Report

Form 4

Period: 2005-06-03

PULITZER INCPTZ

WOODWORTH ROBERT C

DirectorPresident & CEO

Transactions

Disposition to Issuer
Restricted Stock Units
2005-06-03−25,080→ 0 total
From: 2002-04-07→ Common Stock, $.01 par value (25,080 underlying)
Disposition to Issuer
Restricted Stock Units
2005-06-03−28,000→ 0 total
From: 2004-12-06→ Common Stock, $.01 par value (28,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−75,000→ 0 total
Exercise: $43.87From: 2001-12-11Exp: 2010-12-11→ Common Stock, $.01 par value (75,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−62,333→ 0 total
Exercise: $42.86From: 2003-12-11Exp: 2012-12-11→ Common Stock, $.01 par value (62,333 underlying)
Disposition to Issuer
Restricted Stock Units
2005-06-03−25,000→ 0 total
From: 2003-12-11→ Common Stock, $.01 par value (25,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−100,000→ 0 total
Exercise: $39.69From: 2000-12-17Exp: 2009-12-17→ Common Stock, $.01 par value (100,000 underlying)
Disposition to Issuer
Common Stock, $.01 par value
2005-06-03−61,600→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−139,800→ 0 total
Exercise: $39.88From: 2000-04-07Exp: 2009-04-07→ Common Stock, $.01 par value (139,800 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−85,000→ 0 total
Exercise: $48.70From: 2002-12-06Exp: 2011-12-06→ Common Stock, $.01 par value (85,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2005-06-03−31,667→ 0 total
Exercise: $42.49From: 2008-12-31Exp: 2013-02-21→ Common Stock, $.01 par value (31,667 underlying)

Footnotes (13)

[F1]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.
[F10]Pursuant to the Merger Agreement, this option, which was to vest in three equal annual installments beginning on December 11, 2003, 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.
[F11]Pursuant to the Merger Agreement, this option, (subject to continuing employment or service with the Company was to vest 100% on December 31, 2008, unless and except to the extent vesting was accelerated (a) in accordance with the performance-based conditions, as construed and applied by the Compensation Committee of the Board of Directors of the Company, or (b) upon the occurrence of an event that would cause the acceleration of vesting under the terms of the Executive Transition Agreement between the Company and the Reporting Person) 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 options.
[F12]Pursuant to the Merger Agreement, this option, which was to vest in three equal annual installments beginning on December 10, 2004, 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.
[F13]Pursuant to the Merger Agreement, this option, (subject to continuing employment or service with the Company was to vest 100% on December 31, 2009, unless and except to the extent vesting was accelerated (a) in accordance with the performance-based conditions, as construed and applied by the Compensation Committee of the Board of Directors of the Company, or (b) upon the occurrence of an event that would cause the acceleration of vesting under the terms of the Executive Transition Agreement between the Company and the Reporting Person) 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.
[F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
[F3]Pursuant to the Merger Agreement, these restricted stock units, which vested on April 7, 2002, were converted into and cancelled for a cash payment equal to $64 per share of Common Stock.
[F4]Pursuant to the Merger Agreement, these restricted stock units, which vested on December 11, 2003, were converted into and cancelled for a cash payment equal to $64 per share of Common Stock.
[F5]Pursuant to the Merger Agreement, these restricted stock units, which vested on December 6, 2004, were converted into and cancelled for a cash payment equal to $64 per share of Common Stock.
[F6]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.
[F7]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.
[F8]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.
[F9]Pursuant to the Merger Agreement, this option, which vested in three equal annual installments beginning on December 6, 2002, 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.

Documents

1 file

4
woo287.xmlPrimary

Issuer

PULITZER INC

CIK 0001068848

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001068848

Filing Metadata

Form type: 4
Filed: Jun 6, 8:00 PM ET
Accepted: Jun 8, 10:56 AM ET
Size: 34.5 KB

View on SEC.gov