Meredith A. Kopit Levien - 17 Feb 2023 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Signature
/s/ Tara Hereich, Attorney-in-fact for Meredith A. Kopit Levien
Issuer symbol
NYT
Transactions as of
17 Feb 2023
Net transactions value
-$1,287,621
Form type
4
Filing time
22 Feb 2023, 18:19:28 UTC
Previous filing
09 Jun 2022
Next filing
24 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYT Class A Common Stock Sale $1,191,751 -29,758 -29% $40.05 74,610 17 Feb 2023 Direct F1
transaction NYT Class A Common Stock Tax liability $95,869 -2,373 -3.2% $40.40 72,237 18 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.000 to $40.140, 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, the information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 18, 2022, under The New York Times Company 2020 Incentive Compensation Plan.