Filing Details

Accession Number:
0000905718-17-000916
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-10-26 16:29:27
Reporting Period:
2017-10-24
Accepted Time:
2017-10-26 16:29:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1056087 Mcclatchy Co MNI Newspapers: Publishing Or Publishing & Printing (2711) 522080478
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1511989 Chatham Asset Management, Llc 26 Main Street, Suite 204
Chatham NJ 07928
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, $0.01 Par Value Per Share Acquisiton 2017-10-24 11,813 $8.77 817,189 No 4 P Indirect See Footnote
Class A Common Stock, $0.01 Par Value Per Share Acquisiton 2017-10-25 59,027 $9.15 876,216 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.60 to $8.80 per share, inclusive. Chatham Asset Management, LLC (the "Reporting Person") undertakes to provide to McClatchy Co. ("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.
  2. 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 October 25, 2017, Chatham Master Fund held 511,033 shares of Class A Common Stock, $0.01 par value per share (the "Common Stock"), of the McClatchy Company (the "Company"), and certain other affiliated funds held an aggregate of 365,183 shares of Common Stock of the Company. 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.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.00 to $9.30 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.