SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

EFFREN GARY R

(Last)

(First)

(Middle)

50 W. SAN FERNANDO STREET

15TH FLOOR

(Street)

SAN JOSE

95113

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
KNIGHT RIDDER INC [ KRIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP and Controller

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/25/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock							11,403.341	D
Common Stock/401k							3,003.1299	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Compensation Stock Units	⁽¹⁾	04/15/2005		I		519.2054	⁽¹⁾	⁽¹⁾	Common Stock	519.2054	$65.88	2,275.2733	D
Non-Qualified Stock Option (right to buy)	$54.48	05/15/2001		A	20,000		05/15/2002	05/15/2011	Common Stock	20,000	$54.48	20,000	D
Non-Qualified Stock Option (right to buy)⁽²⁾	$39.3125						12/11/1997⁽³⁾	12/11/2006	Common Stock	8,000		8,000	D
Non-Qualified Stock Option (right to buy)⁽⁴⁾	$49.625						12/11/1999	12/11/2008	Common Stock	10,000		10,000	D
Non-Qualified Stock Option (right to buy)⁽²⁾	$51.7188						12/16/1998⁽³⁾	12/16/2007	Common Stock	10,000		10,000	D
Non-Qualified Stock Option (right to buy)	$54.8125						12/19/2001⁽³⁾	12/19/2010	Common Stock	15,000		15,000	D
Non-Qualified Stock Option (right to buy)⁽²⁾	$57.9688						12/15/2000⁽³⁾	12/15/2009	Common Stock	15,000		15,000	D
Non-Qualified Stock Option (right to buy)⁽²⁾	$62.155						12/19/2003	12/19/2012	Common Stock	60,000		60,000	D
Non-Qualified Stock Option (right to buy)⁽²⁾	$62.25						12/12/2002	12/12/2011	Common Stock	30,000		30,000	D
Non-Qualified Stock Option (right to buy)	$63.86						⁽⁵⁾	12/16/2015	Common Stock	12,825		12,825	D
Non-Qualified Stock Option (right to buy)	$67.315						12/13/2005	12/13/2014	Common Stock	27,000		27,000	D
Non-Qualified Stock Option (right to buy)	$75.205						12/04/2004	12/04/2013	Common Stock	60,000		60,000	D

Explanation of Responses:

1. Units were acquired under the issuer's MBO Deferral Plan, subject to reporting person's rights under the Plan to transfer the units to another deferred compensation plan.

2. Option granted under the Knight-Ridder, Inc. Employee Equity Incentive Plan and vests in three equal annual installments beginning one year from date of grant.

3. The Option is exercisable in three equal annual installments beginning on the first anniversary of the date of grant.

4. Option originally reported upon grant but dropped from subsequent reports.

5. The option becomes exercisable in four equal annual installments beginning Dec. 16, 2006.

	By: Polk Laffoon For: Gary R Effren	02/06/2006
	** Signature of Reporting Person	Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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