Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NYT | Class A Common Stock | Award | $0 | +49.7K | +68.49% | $0.00 | 122K | Feb 18, 2022 | Direct | F1 |
transaction | NYT | Class A Common Stock | Tax liability | -$907K | -21.8K | -17.81% | $41.62 | 101K | Feb 18, 2022 | Direct | F2 |
transaction | NYT | Class A Common Stock | Award | $0 | +19.6K | +19.49% | $0.00 | 120K | Feb 18, 2022 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from December 31, 2018 to December 26, 2021, pursuant to a performance-based equity award under The New York Times Company's 2010 Incentive Compensation Plan. |
F2 | Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to shares acquired pursuant to the performance-based equity award under The New York Times Company's 2010 Incentive Compensation Plan. |
F3 | Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests in three equal annual installments beginning on February 18, 2023, assuming continued employment through the applicable vesting date. |