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FORM 4
- ------ U.S. SECURITIES AND EXCHANGE COMMISSION
[ ] Check box if no longer WASHINGTON, DC 20549
subject to Section 16. Form
4 or Form 5 obligations may STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
continue. See Instruction 1(b).
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(1)|2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person
| | to Issuer (Check all applicable)
Pulitzer Michael E | Pulitzer Inc. (PTZ) | X Director X 10% Owner
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(Last) (First) (Middle) |3. IRS Identification | 4. Statement for | X Officer (give title below)
| Number of | Month/Year | -----
| Reporting Person, | | Other (specify below)
| if an Entity | | -----
900 North Tucker Boulevard | (Voluntary) | December 1999 | Chairman of the Board
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(Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing
| | Date of Original | X (Check applicable line)
| | (Month/Year) | -- Form Filed by One Reporting Person
St. Louis MO 63101 | | |
- -----------------------------------------|-------------------------------------------------| -- Form Filed by More than One
(City) (State) (Zip) | | Reporting Person
| |
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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
| | | | Owned at End| Direct | Bene-
| |---------------|--------------------------| of Month | (D) or | ficial
| | | | | (A) | | (Instr. 3 | Indirect | Owner-
| (Month/Day/ | | | | or | | and 4) | (I) | ship
| Year) | Code | V | Amount | (D) | Price | |(Instr. 4)|(Instr. 4)
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
Common Stock, $.01 par value (1) | | | | | | |3,337,991 (3)| I | (02)
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
- --------------------------------------|--------------|-------|-------|--------|------|----------|-------------|--------- |---------
| | | | | | | | |
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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
| 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 |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | 12/17 | 12/17 |Common | |
| | | | | | | | |Stock, | |
Stock Option | | | | | | | | |$.01 par| |
(right to buy) (04) | $39.6875 |12/17/1999| A | | 25000 | | 2000 | 2009 |value | 25000 | $39.6875
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | 12/17 | 12/17 |Common | |
| | | | | | | | |Stock, | |
Stock Option | | | | | | | | |$.01 par| |
(right to buy) (04) | $39.6875 |12/17/1999| A | | 25000 | | 2001 | 2009 |value | 25000 | $39.6875
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | 12/17 | 12/17 |Common | |
| | | | | | | | |Stock, | |
Stock Option | | | | | | | | |$.01 par| |
(right to buy) (04) | $39.6875 |12/17/1999| A | | 25000 | | 2002 | 2009 |value | 25000 | $39.6875
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
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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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| |
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75,000 | D |
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| |
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| |
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| |
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FORM 4 (continued) Explanation of Responses
Name: Pulitzer, Michael E Statement for Month/Year: DECEMBER 1999
900 North Tucker Boulevard Issuer Name: Pulitzer Inc.(PTZ)
St. Louis MO 63101-
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Note: 1
Table I. Item 1.
Class B Common Stock which is convertible at any time, on a
share-for-share basis, into Common Stock.
Note: 2 Table I. Item 7.
Right to acquire upon conversion of 3,337,991 shares of Class B Common
Stock held in the voting trust described below. Of these 3,337,991
shares indirectly owned by Michael E. Pulitzer, beneficial ownership
is disclaimed for 46,065 shares held in trust for the benefit of the
wife of the reporting person; 3,207,976 shares are held by a Trust for
the benefit of Mr. Pulitzer under a Trust Agreement dated as of March
22, 1982; 46,170 shares are held by a Trust for the benefit of Mr.
Pulitzer under Trust Agreement dated as of August 16, 1983; and 37,780
shares are held by The Ceil and Michael E. Pulitzer Foundation, Inc.,
a charitable foundation for the benefit of Mr. Pulitzer who claims
beneficial ownership of these 37,780 shares.
Note: 3
Table I. Item 5.
Mr. Pulitzer may be deemed a "10% Owner" by virtue of the fact that he
shares voting power with respect to 13,391,004 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.
Note: 4 Table II. Item 1
Employee stock option granted under the Pulitzer Inc. 1999 Stock
Option Plan in transaction exempt under Rule 16b-3. The option becomes
exercisable in 33 1/3 percent increments on December 17, 2000,
December 17, 2001, and December 17, 2002, respectively.