SEC Form 4 · accession 0001140361-15-022110
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Golden
Officer — Vice Chairman · Director
Period of report
May 27, 2015
Accepted (ET)
May 28, 2015 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000071691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | May 27, 2015 | M | 76,667 | $3.625 | A | 342,847 | D | |
| Class A Common StockF3,F1 | May 27, 2015 | S | 76,667 | $14.137 | D | 266,180 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options - Rights to BuyF2 | $3.625 | May 27, 2015 | M | 76,667 | A | — | Feb 2, 2019 | Class A Common Stock | 76,667 | 0 | D |
Explanation of responses
- F1In addition, the reporting person owns 1,400,000 shares of Class A Common Stock indirectly by a trust and 3,270 shares of Class A Common Stock equivalents attributed to holdings in the Company Stock Fund of The New York Times Companies Supplemental Retirement and Investment Plan, based on a plan statement dated as of March 31, 2015.
- F2Rights to buy Class A Common Stock granted on February 19, 2009, under The New York Times Company 1991 Executive Stock Incentive Plan. The option has vested in three equal annual installments beginning on February 19, 2010.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.075 to $14.22, 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, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.