Arthur G. Sulzberger - 11 Jul 2023 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
Chairman and Publisher, Director
Signature
/s/ Scott Warren Goodman as Attorney-in-fact for Arthur G. Sulzberger
Issuer symbol
NYT
Transactions as of
11 Jul 2023
Net transactions value
$0
Form type
4
Filing time
31 Jul 2023, 19:15:11 UTC
Previous filing
24 Feb 2023
Next filing
14 Aug 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 Gift $0 -60,322 -100% $0.000000* 0 11 Jul 2023 By trust. F1, F2
holding NYT Class A Common Stock 60,323 11 Jul 2023 By trust. F2
holding NYT Class A Common Stock 110,191 11 Jul 2023 Direct
holding NYT Class A Common Stock 4,825 11 Jul 2023 By trust.
holding NYT Class A Common Stock 1,554 11 Jul 2023 As UTMA custodian for minor child.
holding NYT Class A Common Stock 1,400,000 11 Jul 2023 By trust.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 11, 2023, this family trust (the "Original Trust"), of which the reporting person was both trustee and beneficiary, distributed 120,645 shares of Class A Common Stock to two newly-created family trusts (the "Distribution"). These 60,322 shares were distributed to one of the newly-created trusts, over which the reporting person possesses no investment control.
F2 In connection with the Distribution, the balance of shares held in the Original Trust was distributed to the other newly-created trust, of which the reporting person is both trustee and beneficiary, in a transaction exempt from reporting under Exchange Act Rule 16a-13.