SEC Form 4 · accession 0001209191-18-012000
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Denham
Director
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 5:08 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 Stock | Feb 16, 2018 | M | 4,000 | $19.875 | A | 39,842 | D | |
| Class A Common StockF1 | Feb 16, 2018 | S | 3,166 | $25.1171 | D | 36,676 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock OptionF2 | $19.875 | Feb 16, 2018 | M | 4,000 | D | — | Apr 22, 2018 | Class A Common Stock | 4,000 | 0 | D |
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 $25.113 to $25.125 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 at the Securities and Exchange Commission, upon request, the information regarding the number of shares sold at each separate price within the ranges set forth in this Footnoote.
- F2Right to buy Class A Common Stock granted under The New York Times Company 2004 Non-Employee Directors' Stock Incentive Plan. Options became exercisable on the date of the first Annual Meeting of Stockholders subsequent to the grant date. The grant date for these options was April 22, 2008.