Arthur S. 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 Arthur S. Golden
Issuer symbol: NYT
Transactions as of: 19 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 23 Jan 2023, 15:51:59 UTC
Previous filing: 25 Oct 2022
Next filing: 24 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NYT	Class A Common Stock	Award	$0	+19	+0.24%	$0.000000	7,902	19 Jan 2023	Direct	F1
holding	NYT	Class A Common Stock						1,400,000	19 Jan 2023	By trust.
holding	NYT	Class A Common Stock						69,518	19 Jan 2023	By spouse as trustee.
holding	NYT	Class A Common Stock						42,073	19 Jan 2023	By trust.

* 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.

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 annual meeting following the initial grant.

Remarks:

The reporting person previously reported beneficial ownership of 817 and 818 shares of Class A Common Stock directly owned by each of two trusts of which the reporting person served as trustee. The reporting person no longer reports shares owned by these trusts as beneficially owned, as the reporting person no longer serves as trustee of the trusts.