4//SEC Filing
KNIGHT RIDDER INC 4
Accession 0001208738-06-000002
CIK 0000205520operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 2:40 PM ET
Size
20.9 KB
Accession
0001208738-06-000002
Insider Transaction Report
Form 4
TRAYNOR BYRON
Vice President/Shared Services
Transactions
- Award
Restricted Stock Units
2006-06-27+950→ 950 totalExercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (950 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−10,000→ 0 totalExercise: $75.20From: 2004-12-04Exp: 2013-12-04→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−3,800→ 0 totalExercise: $63.86Exp: 2015-12-16→ Common Stock (3,800 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−8,000→ 0 totalExercise: $62.16From: 2003-12-19Exp: 2012-12-19→ Common Stock (8,000 underlying) - Disposition to Issuer
Common Stock/401k
2006-06-27−285.538→ 0 total - Disposition to Issuer
Deferred Compensation Stock Units
2006-06-27−12,470.394→ 0 total→ Common Stock (12,470.394 underlying) - Disposition to Issuer
Restricted Stock Units
2006-06-27−950→ 0 totalExercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (950 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $11,421.53 in cash, 146 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]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.
- [F3]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $498,815.75 in cash, 6,382 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 for no consideration because the exercise price exceeded the value of the merger consideration.
- [F5]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.
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, 2:40 PM ET
- Size
- 20.9 KB