SEC Form 4 · accession 0001214659-18-002956
NEW YORK TIMES CO · NYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hays N Golden
Director
Period of report
Apr 19, 2018
Accepted (ET)
Apr 23, 2018 · 6:45 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 | Apr 19, 2018 | A | 4,449 | $0.00 | A | 30,895 | D | |
| Class A Common StockF2 | Apr 19, 2018 | A | 12 | $0.00 | A | 30,907 | D | |
| Class A Common StockF3 | holding | — | — | — | 1,400,000 | I | By trust. | |
| Class A Common Stock | holding | — | — | — | 48,217 | I | By trust. | |
| Class A Common StockF3 | holding | — | — | — | 3,450 | I | By spouse. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of a grant of stock-settled restricted stock units ("RSUs") under The New York Times Company 2010 Incentive Compensation Plan. Each RSU 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 cessation of the reporting person's membership on the Board of Directors.
- F2RSUs acquired in respect of previously reported RSUs awarded under The New York Times Company 2010 Incentive Compensation Plan in connection with, and with a value equal to, cash dividends paid on The New York Times Company's Class A Common Stock ("Dividend Equivalent RSUs"). Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant. Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the date that such unvested RSUs vest, which is the date of the Company's first annual meeting following the initial grant.
- F3The reporting person disclaims beneficial ownership of these shares.