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4//SEC Filing

KNIGHT RIDDER INC 4

Accession 0001208733-06-000002

CIK 0000205520operating

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 2:37 PM ET

Size

41.5 KB

Accession

0001208733-06-000002

Insider Transaction Report

Form 4
Period: 2006-06-27
OLMSTEAD LAURENCE D
VP/Staff Development
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-271000 total(indirect: By Spouse)
    Exercise: $54.81From: 2001-12-19Exp: 2010-12-19Common Stock (100 underlying)
  • Disposition to Issuer

    Common Stock

    2006-06-273410 total
  • Disposition to Issuer

    Common Stock

    2006-06-274330 total(indirect: By Spouse)
  • Disposition to Issuer

    Deferred Compensation Stock Units

    2006-06-276,897.1130 total
    Common Stock (6,897.113 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-271,5000 total
    Exercise: $39.31From: 1997-12-11Exp: 2006-12-11Common Stock (1,500 underlying)
  • Disposition to Issuer

    Common Stock/401k

    2006-06-271,439.5290 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-2712,0000 total
    Exercise: $75.20From: 2004-12-04Exp: 2013-12-04Common Stock (12,000 underlying)
  • Award

    Restricted Stock Units

    2006-06-27+1,1881,188 total
    Exercise: $0.00From: 2006-12-16Exp: 2015-12-16Common Stock (1,188 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-274,0000 total
    Exercise: $49.63From: 1999-12-11Exp: 2008-12-11Common Stock (4,000 underlying)
  • Disposition to Issuer

    Common Stock/401k

    2006-06-27293.5310 total(indirect: By Spouse)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-274,7500 total
    Exercise: $63.86Exp: 2015-12-16Common Stock (4,750 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-275,0000 total
    Exercise: $54.81From: 2001-12-19Exp: 2010-12-19Common Stock (5,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2006-06-271,1880 total
    Exercise: $0.00From: 2006-12-16Exp: 2015-12-16Common Stock (1,188 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-06-2710,0000 total
    Exercise: $62.16From: 2003-12-19Exp: 2012-12-19Common Stock (10,000 underlying)
Footnotes (12)
  • [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $13,640.00 in cash, 174 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]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $588.98, 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.
  • [F12]Restricted Stock Units were canceled in the merger in exchange for a cash payment of $72,114.34, 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 $17,320.00 in cash, 221 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 $57,581.18 in cash, 736 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]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $11,741.25 in cash, 150 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]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $275,884.50 in cash, 3,529 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.
  • [F6]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $32,084.72, 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.
  • [F7]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $44,309.24, 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 $29,449.05, 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 $10,934.04, 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, 2:37 PM ET
Size
41.5 KB