Hays N. Golden - 19 Jan 2023 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
Director
Signature
/s/ Scott Warren Goodman as attorney-in-fact for Hays N. Golden
Issuer symbol
NYT
Transactions as of
19 Jan 2023
Net transactions value
$0
Form type
4
Filing time
23 Jan 2023, 15:50:47 UTC
Previous filing
25 Oct 2022
Next filing
24 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYT Class A Common Stock Award $0 +68 +0.15% $0.000000 45,829 19 Jan 2023 Direct F1
holding NYT Class A Common Stock 1,400,000 19 Jan 2023 By trust. F2
holding NYT Class A Common Stock 117,217 19 Jan 2023 By trust.
holding NYT Class A Common Stock 3,450 19 Jan 2023 By spouse. 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.