SEC Form 4 · accession 0001193805-16-003349
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
May 24, 2016
Accepted (ET)
May 26, 2016 · 3:22 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 24, 2016 | S | 10,000 | $11.9994 | D | 0 | I | By Ordinance Capital LP |
| Class A Common StockF3,F2 | May 24, 2016 | S | 30,000 | $11.9921 | D | 0 | I | By Spouse |
| Class A Common Stock | holding | — | — | — | 13,712 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.98 to $12.00, 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.
- F2In addition, the reporting person may be deemed to have a pecuniary interest in 270,000 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.960 to $12.005, 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.