Brian P. Mcandrews - Apr 20, 2023 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role: Director
Signature: /s/ Tara Hereich, Attorney-in-fact for Brian P. McAndrews
Stock symbol: NYT
Transactions as of: Apr 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/24/2023, 06:00 PM
Previous filing: Jan 23, 2023
Next filing: Apr 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	NYT	Class A Common Stock	Award	$0	+108	+0.25%	$0.00	44K	Apr 20, 2023	Direct	F1

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2020 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.

Content

Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2020 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.