SEC Form 4 · accession 0001181431-15-003031
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Anthony Benten
Officer — S.V.P., Finance and Controller
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 4:48 pm EST
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 | Feb 19, 2015 | A | 16,158 | $0.00 | A | 43,754 | D | |
| Class A Common StockF2 | Feb 20, 2015 | F | 1,151 | $14.17 | D | 42,603 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of 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 in five equal annual installments beginning on February 19, 2016, assuming continued employment through the applicable vesting date.
- F2Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the vesting of 20% of the stock-settled restricted stock units granted on February 20, 2014 under The New York Times Company 2010 Incentive Compensation Plan.