Form 4 for NYT NEW YORK TIMES CO
Accepted 2024-02-23 00:00:00 ET · period of report 2024-02-21 · accession 0001214659-24-003478 · 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 | 2024-02-23 | 2024-02-21+ | NYT | Sulzberger Arthur G. | COB, Publisher, Dir | F - Tax | $43.25 | -13.6K | 106.8K | -11% | -$587.4K |
| M | 2024-02-23 | 2024-02-21 | NYT | Sulzberger Arthur G. | COB, Publisher, Dir | A - Grant | $0.00 | +40.0K | 121.4K | +49% | $0 |
| 2024-02-23 | 2024-02-21 | NYT | Sulzberger Arthur G. | COB, Publisher, Dir | G - Gift | $0.00 | -8,000 | 92.4K | -8% | $0 |
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 | 2024-02-22 | F | D | 2,584 | $43.32 | 118,857 | D | — | — | (F5) Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 22, 2023, under The New York Times Company 2020 Incentive Compensation Plan. |
| 2 | Common | Class A Common Stock | 2024-02-21 | F | D | 10,998 | $43.23 | 106,789 | D | — | — | (F3) 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 2020 Incentive Compensation Plan. |
| 3 | Common | Class A Common Stock | 2024-02-21 | A | A | 25,349 | $0.00 | 117,787 | D | — | — | (F2) Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from December 28, 2020 to December 31, 2023, pursuant to a performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan. |
| 4 | Common | Class A Common Stock | 2024-02-21 | G | D | 8,000 | $0.00 | 92,438 | D | — | — | (F1) On February 21, 2024, the reporting person donated 8,000 shares of directly owned Class A Common Stock to a donor-advised fund, which will use the gifted shares for charitable purposes. |
| 5 | Common | Class A Common Stock | 2024-02-21 | A | A | 14,652 | $0.00 | 121,441 | D | — | — | (F4) 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 21, 2025, assuming continued employment through the applicable vesting date. |