Form 4 for NYT NEW YORK TIMES CO
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-18 · accession 0001567619-22-005377 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-23 | 2022-02-18 | NYT | Brayton Diane | EVP, GC, Sec | S - Sale | $41.44 | -9,999 | 35.3K | -22% | -$414.4K | |
| M | 2022-02-23 | 2022-02-18 | NYT | Brayton Diane | EVP, GC, Sec | A - Grant | $0.00 | +26.4K | 45.3K | +140% | $0 |
| 2022-02-23 | 2022-02-18 | NYT | Brayton Diane | EVP, GC, Sec | F - Tax | $41.62 | -9,285 | 41.8K | -18% | -$386.4K |
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 | S | D | 9,999 | $41.44 | 35,339 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.43 to $41.44, inclusive. The reporting person undertakes to provide to The New York Times Company, any security holder of The New York Times Company, or the staff of the Securities and Exchange Commission, upon request, the information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 2 | Common | Class A Common Stock | 2022-02-18 | A | A | 22,877 | $0.00 | 51,070 | D | — | — | (F1) 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's 2010 Incentive Compensation Plan. |
| 3 | Common | Class A Common Stock | 2022-02-18 | A | A | 3,553 | $0.00 | 45,338 | D | — | — | (F3) 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. |
| 4 | Common | Class A Common Stock | 2022-02-18 | F | D | 9,285 | $41.62 | 41,785 | D | — | — | (F2) 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's 2010 Incentive Compensation Plan. |