SEC Form 4 · accession 0000905718-18-000287
MCCLATCHY CO · MNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chatham Asset Management, LLC
10% Owner
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001056087
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, $0.01 par value per shareF2,F1 | Feb 26, 2018 | P | 500 | $9.00 | A | 1,305,707 | I | See Footnote |
| Class A Common Stock, $0.01 par value per shareF3,F1 | Feb 27, 2018 | P | 1,219 | $9.17 | A | 1,036,926 | I | See Footnote |
| Class A Common Stock, $0.01 par value per shareF1 | Feb 27, 2018 | P | 5,000 | $9.20 | A | 1,041,926 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Chatham Asset Management, LLC (the "Reporting Person") is the investment manager to Chatham Asset High Yield Master Fund, Ltd., a Cayman Islands exempted company ("Chatham Master Fund"), and other affiliated funds (collectively with Chatham Master Fund, the "Chatham Funds"). Anthony Melchiorre ("Mr. Melchiorre") is the managing member of the Reporting Person. As of February 27, 2018, Chatham Master Fund held 624,975 shares of Class A Common Stock, $0.01 par value per share (the "Common Stock"), of McClatchy Co. ("McClatchy"), and certain other affiliated funds held an aggregate of 416,951 shares of Common Stock of McClatchy. Pursuant to Reg. Section 240.16a-1(a)(2), the Reporting Person's and Mr. Melchiorre's beneficial ownership is limited to their pecuniary interest, if any, in such securities
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.96 to $9.00 per share, inclusive. Reporting Person undertakes to provide to McClatchy, any security holder of McClatchy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
- F3The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.00 to $9.25 per share, inclusive. Reporting Person undertakes to provide to McClatchy, any security holder of McClatchy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.