4//SEC Filing
KNIGHT RIDDER INC 4
Accession 0001208729-06-000001
CIK 0000205520operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 2:27 PM ET
Size
32.9 KB
Accession
0001208729-06-000001
Insider Transaction Report
Form 4
LAFFOON POLK IV
VP Corporate Relations
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−20,000→ 0 totalExercise: $62.16From: 2003-12-19Exp: 2012-12-19→ Common Stock (20,000 underlying) - Award
Restricted Stock Units
2006-06-27+2,138→ 2,138 totalExercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (2,138 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−10,000→ 0 totalExercise: $51.72From: 1998-12-16Exp: 2007-12-16→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock/401k
2006-06-27−2,306.676→ 0 total - Disposition to Issuer
Restricted Stock Units
2006-06-27−2,138→ 0 totalExercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (2,138 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−12,000→ 0 totalExercise: $49.63From: 1999-12-11Exp: 2008-12-11→ Common Stock (12,000 underlying) - Disposition to Issuer
Common Stock
2006-06-27−10,986.549→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−8,550→ 0 totalExercise: $63.86Exp: 2015-12-16→ Common Stock (8,550 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−18,000→ 0 totalExercise: $67.31From: 2005-12-13Exp: 2014-12-13→ Common Stock (18,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−15,000→ 0 totalExercise: $54.81From: 2001-12-19Exp: 2010-12-19→ Common Stock (15,000 underlying)
Footnotes (9)
- [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $439,461.94 in cash, 5,622 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 $92,267.06 in cash, 1,180 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]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $132,927.72, 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.
- [F4]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $89,835.10, 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 $88,347.15, 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]Option granted under the Knight-Ridder, Inc. Employee Equity Incentive Plan and vests in three equal annual installments beginning one year from date of grant.
- [F7]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $41,002.65, 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.
- [F8]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.
- [F9]Restricted Stock Units were canceled in the merger in exchange for a cash payment of $129,781.54, 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.
Documents
Issuer
KNIGHT RIDDER INC
CIK 0000205520
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000205520
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 2:27 PM ET
- Size
- 32.9 KB