KNIGHT RIDDER INC 4

Accession 0001281045-06-000001

CIK 0000205520operating

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 2:31 PM ET

Size

22.0 KB

Accession

0001281045-06-000001

Form 4

Period: 2006-06-27

VP/Technology

Transactions

Award
Restricted Stock Units
2006-06-27+950→ 950 total
Exercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (950 underlying)
Disposition to Issuer
Restricted Stock Units
2006-06-27−950→ 0 total
Exercise: $0.00From: 2006-12-16Exp: 2015-12-16→ Common Stock (950 underlying)
Disposition to Issuer
Common Stock
2006-06-27−1,044→ 0 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−3,800→ 0 total
Exercise: $63.86Exp: 2015-12-16→ Common Stock (3,800 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−5,000→ 0 total
Exercise: $75.20From: 2004-12-04Exp: 2013-12-04→ Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−3,000→ 0 total
Exercise: $62.60From: 2003-12-23Exp: 2012-12-23→ Common Stock (3,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−15,000→ 0 total
Exercise: $77.75From: 2005-05-04Exp: 2014-05-04→ Common Stock (15,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−8,000→ 0 total
Exercise: $67.31From: 2005-12-13Exp: 2014-12-13→ Common Stock (8,000 underlying)
Disposition to Issuer
Common Stock/401k
2006-06-27−938.876→ 0 total

Footnotes (4)

[F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $41,760.00 in cash, 534 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 $37,555.02 in cash, 480 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 for no consideration because the exercise price exceeded the value of the merger consideration.
[F4]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

1 file

KNIGHT RIDDER INC

CIK 0000205520

Entity typeoperating

IncorporatedFL