Form 4 for NYT NEW YORK TIMES CO
Accepted 2022-02-23 00:00:00 ET · period of report 2020-02-18 · accession 0001214659-22-003110 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-02-23 | 2022-02-18 | NYT | Perpich David S. | Dir | A - Grant | $0.00 | +11.1K | 26.2K | +73% | $0 |
| I | 2022-02-23 | 2020-02-18 | NYT | Perpich David S. | Dir | G - Gift | $0.00 | +85.9K | 186.9K | +85% | $0 |
| 2022-02-23 | 2022-02-18 | NYT | Perpich David S. | Dir | F - Tax | $41.62 | -3,714 | 24.1K | -13% | -$154.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-02-18 | A | A | 8,968 | $0.00 | 27,808 | D | — | — | (F3) Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from December 31, 2018 to December 26, 2021, pursuant to a performance-based equity award under The New York Times Company 2010 Incentive Compensation Plan. |
| 2 | Common | Class A Common Stock | 2022-02-18 | A | A | 2,083 | $0.00 | 26,177 | D | — | — | (F5) 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 in three equal annual installments beginning on February 18, 2023, assuming continued employment through the applicable vesting date. |
| 3 | Common | Class A Common Stock | 2020-02-18 | G | A | 85,901 | $0.00 | 186,901 | I By trust. | — | — | (F1) Represents a gift of Class A Common Stock to the Trust from one of the other co-Trustees of this Trust that was inadvertently excluded from the reporting person's prior filings. (F2) The reporting person disclaims beneficial ownership of these shares. |
| 4 | Common | Class A Common Stock | 2022-02-18 | F | D | 3,714 | $41.62 | 24,094 | D | — | — | (F4) Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to shares acquired pursuant to the performance-based equity award under The New York Times Company 2010 Incentive Compensation Plan. |