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FORM 4 OMB Approval
UNITED STATES SECURITIES AND EXCHANGE COMMISSION -----------------------------
[ ] Check this box if no longer WASHINGTON, D.C. 20549 OMB Number: 3235-0287
subject to Section 16. Form Expires: September 30, 1998
4 or Form 5 obligations may STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
continue. See Instruction 1(b). hours per response....... 0.5
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D R A F T
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1.Name and Address of Reporting Person*| 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person(s)
Woodworth Robert C | Pulitzer Inc. | to Issuer (Check all applicable)
| (PTZ) | X Director X 10% Owner
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(Last) (First) (Middle) | 3. IRS or Social | 4. Statement for | X Officer (give title below)
| Security Number | Month/Year | -----
| of Reporting | | Other (specify below)
| Person (Voluntary) | April 1999 | -----
900 North Tucker Boulevard | | | President and Chief Executive Officer
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(Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing
| | Date of Original | Applicable Line
| | (Month/Year) | X Form filed by One Reporting Person
| | | --
St. Louis MO 63101 | ###-##-#### | | Form filed by More than One
| | | Reporting Person
| | | --
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(City) (State) (Zip) | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security | 2. Transaction| 3. Transaction| 4. Securities Acquired(A)| 5. Amount of|6. Owner |7. Nature
(Instr. 3) | Date | Code | or Disposed of (D) | Securities | -ship | of
| | (Instr. 8) | (Instr. 3, 4 and 5) | Beneficially| Form: | Indirect
|(Month/Day/ | | | Owned at End| Direct | Bene-
| Year) |---------------|--------------------------| of Month | (D) or | ficial
| | | | | | | (Instr. 3 | Indirect| Owner-
| | | | | | | and 4) | (I) | ship
| | Code | V | Amount | (A) | Price | |(Instr.4)|(Instr.4)
| | | | | (D) | | | |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
No Securities Owned | | | | | | | | |
| | | | | | | (01) | |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
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- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
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SEC 1474 (7-96)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative | 2. Conver- |3. Trans- |4. Trans- |5. Number of |6. Date Exer- |7. Title and Amount |8. Price
Security | sion or | action | action | Derivative | cisable and | of Underlying | of
(Instr. 3) | Exercise | Date | Code | Securities Ac- | Expiration | Securities | Deriv-
| Price of | (Month/| (Instr. 8)| quired (A) or | Date | (Instr. 3 and 4) | ative
D R A F T | Deriv- | Day/ | | Disposed of (D)| (Month/Day/ | | Secur-
| ative | Year) | | (Instr. 3, 4, | Year) | | ity
| Security | | | and 5) | | | (Instr. 5)
| | | | |-------------------------------------|
| | | | |Date |Expira- | | Amount or |
| | |-------------------------------|Exer- |tion | Title | Number of |
| | | Code |V | (A) |(D) |cisable|Date | | Shares |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Stock Option | $39.8750 |04/07/1999| A | | 46600| |04/07/ |04/07/ |Common | 46600| $39.8750
(right to buy) (02)| | | | | | |2000 |2009 |Stock, | |
| | | | | | | | |$.01 par| |
| | | | | | | | |value | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Stock Option | $39.8750 |04/07/1999| A | | 46600| |04/07/ |04/07/ |Common | 46600| $39.8750
(right to buy) (02)| | | | | | |2001 |2009 |Stock, | |
| | | | | | | | |$.01 par| |
| | | | | | | | |value | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Stock Option | $39.8750 |04/07/1999| A | | 46600| |04/07/ |04/07/ |Common | 46600| $39.8750
(right to buy) (02)| | | | | | |2002 |2009 |Stock, | |
| | | | | | | | |$.01 par| |
| | | | | | | | |value | |
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Restricted | $39.8750 |04/07/1999| A | | 25080| |01/01/ | |Common | 25080| $39.8750
Stock Grant (03)| | | | | | |2002 | |Stock, | |
| | | | | | | | |$.01 par| |
| | | | | | | | |value | |
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9. Number of | 10. Ownership | 11. Nature of
Derivative | Form of | Indirect
Securities | Derivative | Beneficial
Beneficially | Security: | Ownership
Owned at End | Direct (D) | (Instr. 4)
of Month | or Indirect (I) |
(Instr. 4) | (Instr. 4) |
- ------------------|------------------------|------------------------------
| |
- ------------------|------------------------|------------------------------
| |
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139800 | D |
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25080 | D |
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| |
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| |
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Explanation of Responses:
(01) Table I. Item 1.
Mr. Woodworth may be deemed a "10% Owner" by virtue of the fact that he shares voting power with respect to
13,573,126 shares of Class B Common Stock (which is convertible at any time, on a share-for-share basis, into Common
Stock) held by the 1999 Pulitzer Inc. Voting Trust, of which he is a trustee. Mr. Woodworth has no pecuniary interest
in any of the shares held by such trust.
(02) Table II. Item 1:
Employee stock option granted under the Pulitzer Inc. 1999 Stock Option Plan (subject to approval of the Plan by the
Company's stockholders) in transaction exempt under Rule 16b-3. The option becomes exercisable in 33 1/3 percent
increments on April 7, 2000, April 7, 2001 and April 7, 2002, respectively.
(03) Table II. Item 1:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Robert C. Woodworth 5/10/99
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB Number. SEC 1474 (7-96)
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cont. (03) This restricted stock grant was awarded on April 7, 1999 under the 1999 Pulitzer Inc. Key Employees' Restricted Stock
Purchase Plan (subject to the approval of the Plan by the Company's stockholders). The Company has credited these
restricted shares to the account of Mr. Woodworth, subject to certain conditions, including a three year vesting
requirement.
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