Arthur S. Golden - Jan 19, 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
Stock symbol
NYT
Transactions as of
Jan 19, 2023
Transactions value $
$0
Form type
4
Date filed
1/23/2023, 03:51 PM
Previous filing
Oct 25, 2022
Next filing
Apr 24, 2023

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% $0.00 7.9K Jan 19, 2023 Direct F1
holding NYT Class A Common Stock 1.4M Jan 19, 2023 By trust.
holding NYT Class A Common Stock 69.5K Jan 19, 2023 By spouse as trustee.
holding NYT Class A Common Stock 42.1K Jan 19, 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.

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.