Form 4 for NYT NEW YORK TIMES CO

Accepted 2023-04-28 00:00:00 ET · period of report 2023-04-26 · accession 0001209191-23-026096 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-04-28	2023-04-26	NYT	MCANDREWS BRIAN P	Dir	A - Grant	$0.00	+4,472	48.5K	+10%	$0
D	2023-04-28	2023-04-26	NYT	MCANDREWS BRIAN P	Dir	A - Grant	—	+165.66	16.8K	+1.0%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-04-26	A	A	4,472	$0.00	48,451	D	—	—	(F1) Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
2	Derivative	Phantom Stock Unit	2023-04-26	A	A	165.66	—	16,785.13	D	— · — to —	165.66 Class A Common Stock	(F2) Phantom stock units credited to the reporting person's account in respect of dividend equivalent payments and accumulated interest on previously granted phantom stock units. Each phantom stock unit was credited to the reporting person's account under The New York Times Company Non-Employee Directors Deferral Plan, on April 26, 2023, based on the average closing price of a share of Class A Common Stock for the 30 trading days prior to the date of credit. Distribution in cash is generally made following the cessation of the reporting person's membership on the Board of Directors. This transaction involved a derivative security that does not have an exercise date or an expiration date.