Arthur S. Golden - 22 Oct 2021 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
Director
Signature
/s/ Ellen S. Knarr as Attorney-in-fact for Arthur S. Golden
Issuer symbol
NYT
Transactions as of
22 Oct 2021
Net transactions value
$0
Form type
4
Filing time
26 Oct 2021, 19:38:26 UTC
Previous filing
27 Aug 2021
Next filing
24 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYT Class A Common Stock Award $0 +4 +0.1% $0.000000 3,989 22 Oct 2021 Direct F1
holding NYT Class A Common Stock 1,400,000 22 Oct 2021 By trust.
holding NYT Class A Common Stock 69,518 22 Oct 2021 By spouse as trustee.
holding NYT Class A Common Stock 42,073 22 Oct 2021 By trust.
holding NYT Class A Common Stock 817 22 Oct 2021 By trust. F2
holding NYT Class A Common Stock 818 22 Oct 2021 By trust. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 annual meeting following the initial grant.
F2 The Reporting Person disclaims beneficial ownership of these shares.