PULITZER INC
4, 2000-04-06
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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

- ------------------------------------------------------------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------------------|     -----            -----
(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
- -----------------------------------------|                       |-------------------------|----------------------------------------
               (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
                                         |                                                 |
- ------------------------------------------------------------------------------------------------------------------------------------
                             TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- -----------------------------------------------------------------------------------------------------------------------------------
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)
- ------------------------------------------------------------------------------------------------------------------------------------
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
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
                        |             |          |       |    |        |         |       |        |        |           |
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S><C>
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)      |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
    75,000        |          D             |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- ------------------|------------------------|------------------------------
                  |                        |
- --------------------------------------------------------------------------
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<PAGE>   3
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-
- --------------------------------------------------------------------------------

  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.





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