SEC Form 4 · accession 0001209191-18-013088
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raul E Cesan
Director
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 5:18 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 22, 2018 | M | 4,000 | $19.875 | A | 64,842 | D | |
| Class A Common Stock | Feb 22, 2018 | M | 4,000 | $4.92 | A | 68,842 | D | |
| Class A Common Stock | Feb 22, 2018 | M | 4,000 | $10.79 | A | 72,842 | D | |
| Class A Common Stock | Feb 22, 2018 | M | 4,000 | $8.57 | A | 76,842 | D | |
| Class A Common StockF1 | Feb 22, 2018 | S | 16,000 | $25.1755 | D | 60,842 | 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 Option 2008F2 | $19.875 | Feb 22, 2018 | M | 4,000 | D | — | Apr 22, 2018 | Class A Common Stock | 4,000 | 0 | D |
| Director Stock Option 2009F3 | $4.92 | Feb 22, 2018 | M | 4,000 | D | — | Apr 23, 2019 | Class A Common Stock | 4,000 | 0 | D |
| Director Stock Options 2010F4 | $10.79 | Feb 22, 2018 | M | 4,000 | D | — | Apr 27, 2020 | Class A Common Stock | 4,000 | 0 | D |
| Director Stock Options 2011F5 | $8.57 | Feb 22, 2018 | M | 4,000 | D | — | Apr 27, 2021 | 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 $25.162 to $25.181, 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.
- 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.
- F3Right 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 23, 2009.
- F4Right 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 27, 2010.
- F5Right 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 27, 2011.