SEC Form 4 · accession 0001140361-15-038529
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B. Green
Director
Period of report
Oct 22, 2015
Accepted (ET)
Oct 26, 2015 · 4:03 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,F3 | Oct 22, 2015 | A | 17 | $0.00 | A | 15,598 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired on October 22, 2015, in the form of Restricted Stock Units ("RSUs") pursuant to a term of The New York Times Company 2010 Incentive Compensation Plan whereby additional RSUs are credited to an RSU holder's account in connection with, and with a value equal to, cash dividends paid on The New York Times Company's Class A Common Stock. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
- F2In addition, the reporting person may be deemed to have a pecuniary interest in 300,000 shares of Class A stock held indirectly, by his wife, as to which shares he disclaims beneficial ownership, 1,400,000 shares of Class A stock held indirectly, by a trust, 50,000 shares of Class A stock and 1,968 shares of Class A stock held indirectly, by two trusts, as to which shares he disclaims beneficial ownership.
- F3The reporting person disclaims beneficial ownership of the 10,000 shares of Class A stock held by Ordinance Capital LP, except to the extent of reporting person's pecuniary interest (approximately 75%) in the securities.