SEC Form 4 · accession 0001140361-17-016460
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Golden
Director
Period of report
Apr 19, 2017
Accepted (ET)
Apr 21, 2017 · 6:14 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 | Apr 19, 2017 | A | 6,843 | $0.00 | A | 326,816 | D | |
| Class A Common StockF1,F2 | Apr 19, 2017 | A | 2,053 | $0.00 | A | 328,869 | D | |
| Class A Common StockF3 | holding | — | — | — | 3,349 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of a grant of stock-settled restricted stock units under The New York Times Company 2010 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. 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 owns 1,400,000 shares of Class A Common Stock indirectly by a trust.
- F3Represents shares of Class A stock equivalents attributed to holdings in the Company Stock Fund of The New York Times Companies Supplemental Retirement and Investment Plan (the "401(k) Plan"), based on a plan statement dated as of March 31, 2017. The number of shares was calculated by dividing the dollar value of the reporting person's holdings in such fund by the closing price of The New York Times Company Class A Common Stock on March 31, 2017.