Home/Filings/4/0001208731-06-000002
4//SEC Filing

KNIGHT RIDDER INC 4

Accession 0001208731-06-000002

CIK 0000205520operating

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 2:33 PM ET

Size

38.0 KB

Accession

0001208731-06-000002

Insider Transaction Report

Form 4
Period: 2006-06-27
MARBERT LARRY D
VP/Production & Facilities
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-273,8000 total
    Exercise: $63.86Exp: 2015-12-16Common Stock (3,800 underlying)
  • Disposition to Issuer

    Common Stock

    2006-06-2710,148.3920 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-2710,0000 total
    Exercise: $54.81From: 2001-12-19Exp: 2010-12-19Common Stock (10,000 underlying)
  • Disposition to Issuer

    Common Stock/401k

    2006-06-272,983.9820 total
  • Disposition to Issuer

    Deferred Compensation Stock Units

    2006-06-27577.3590 total
    Common Stock (577.359 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2006-06-279500 total
    Exercise: $0.00From: 2006-12-16Exp: 2015-12-16Common Stock (950 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-278,0000 total
    Exercise: $39.31From: 1997-12-11Exp: 2006-12-10Common Stock (8,000 underlying)
  • Award

    Restricted Stock Units

    2006-06-27+950950 total
    Exercise: $0.00From: 2006-12-16Exp: 2015-12-16Common Stock (950 underlying)
Footnotes (11)
  • [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $40,935.67 in cash, 5,193 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.
  • [F10]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.
  • [F11]Restricted Stock Units were canceled in the merger in exchange for a cash payment of $57,667.19, 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.
  • [F2]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $119,359.27 in cash, 1,527 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]Units were acquired under the issuer's MBO Deferral Plan, subject to reporting person's rights under the Plan to transfer the units to another deferred compensation investment fund, or to defer the settlement date to a later date.
  • [F4]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $23,094.36 in cash, 295 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.
  • [F5]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $171,118.48, 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 in exchange for a cash payment of $88,618.48, 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.
  • [F7]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $71,868.08, 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 in exchange for a cash payment of $58,898.10, 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.
  • [F9]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $27,335.10, 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.

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, 2:33 PM ET
Size
38.0 KB