YAMATE GORDON 4
4 · KNIGHT RIDDER INC · Filed Jun 30, 2006
Insider Transaction Report
Form 4
YAMATE GORDON
Vice President/General Counsel
Transactions
- Disposition to Issuer
Common Stock
2006-06-27−9,605→ 0 total - Disposition to Issuer
Common Stock/401k
2006-06-27−438.327→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−27,000→ 0 totalExercise: $67.31From: 2005-12-13Exp: 2014-12-13→ Common Stock (27,000 underlying) - Disposition to Issuer
Deferred Compensation Stock Units
2006-06-27−11,143.074→ 30.026 total→ Common Stock (11,143.074 underlying) - Award
Restricted Stock Units
2006-06-27+3,206→ 3,206 totalExercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (3,206 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−30,000→ 0 totalExercise: $54.81From: 2001-12-19Exp: 2010-12-19→ Common Stock (30,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−12,825→ 0 totalExercise: $63.86Exp: 2015-12-16→ Common Stock (12,825 underlying) - Disposition to Issuer
Restricted Stock Units
2006-06-27−3,206→ 0 totalExercise: $0.00Exp: 2015-12-16→ Common Stock (3,206 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−25,000→ 0 totalExercise: $47.47From: 2001-10-24Exp: 2010-10-24→ Common Stock (25,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $384,200.00 in cash, 4,915 shares of McClatchy Class A common stock having a closing market value of $39.03 per share on the effective date of the merger, and cash in lieu of fractional shares.
- [F2]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $17,533.09 in cash, 224 shares of McClatchy Class A common stock having a closing market value of $39.03 per share on the effective date of the merger, and cash in lieu of fractional shares.
- [F3]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $445,722.98 in cash, 5,703 shares of McClatchy Class A common stock having a closing market value of $39.03 per share on the effective date of the merger, and cash in lieu of fractional shares.
- [F4]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $330,837.75, representing the excess, if any, of (A) the product of (1) the number of shares of Knight Ridder common stock issuable upon exercise of such option multiplied by (2) the sum of (x) $40.00 plus (y) the product of 0.5118 multiplied by the closing price of McClatchy Class A common stock on the last trading day immediately preceding the closing of the merger, over (B) the aggregate exercise price of such Knight Ridder stock option.
- [F5]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $176,694.30, representing the excess, if any, of (A) the product of (1) the number of shares of Knight Ridder common stock issuable upon exercise of such option multiplied by (2) the sum of (x) $40.00 plus (y) the product of 0.5118 multiplied by the closing price of McClatchy Class A common stock on the last trading day immediately preceding the closing of the merger, over (B) the aggregate exercise price of such Knight Ridder stock option.
- [F6]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger for no consideration because the exercise price exceeded the value of the merger consideration.
- [F7]Restricted Stock Units were canceled in the merger in exchange for a cash payment of $194,611.61, representing the product of (1) the number of shares of Knight Ridder common stock issuable upon vesting of such units multiplied by (2) the sum of (x) $40.00 plus (y) the product of 0.5118 multiplied by the closing price of McClatchy Class A common stock on the last trading day immediately preceding the closing of the merger.