4//SEC Filing
VALDES FAULI GONZALO F 4
Accession 0001208719-06-000003
CIK 0000205520other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 7:50 PM ET
Size
31.2 KB
Accession
0001208719-06-000003
Insider Transaction Report
Form 4
VALDES FAULI GONZALO F
Director
Transactions
- Disposition to Issuer
Common Stock
2006-06-27−4,594.317→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27$60.70/sh−4,000$242,809→ 0 totalExercise: $54.81From: 2001-12-19Exp: 2010-12-19→ Common Stock (4,000 underlying) - Exercise/Conversion
Common Stock
2006-06-27+4,588.647→ 4,588.647 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−5,000→ 0 totalExercise: $63.86Exp: 2015-12-16→ Common Stock (5,000 underlying) - Sale
Common Stock
2006-06-27$60.70/sh−4,588.647$278,541→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27$60.70/sh−2,000$121,405→ 0 totalExercise: $49.63From: 1999-12-11Exp: 2008-12-11→ Common Stock (2,000 underlying) - Exercise/Conversion
Phantom Share Units
2006-06-27$60.70/sh−4,588.647$278,541→ 0 total→ Common Stock (4,588.647 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $183,772.66 in cash, 2,351 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]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $22,154.60, 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.
- [F3]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger in exchange for a cash payment of $17,967.00, 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 $23,559.20, 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 $5,467.00, 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 for no consideration because the exercise price exceeded the value of the merger consideration.
- [F7]Phantom share units are credited under Compensation Plan for Nonemployee Directors and are paid in a lump sum in cash upon termination of service as a Director.
Documents
Issuer
KNIGHT RIDDER INC
CIK 0000205520
Entity typeother
Related Parties
1- filerCIK 0001208719
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 7:50 PM ET
- Size
- 31.2 KB