Arthur G. Sulzberger - Feb 21, 2024 Form 4 Insider Report for NEW YORK TIMES CO (NYT.A)

Role: Chairman and Publisher, Director
Signature: /s/ Scott Warren Goodman as Attorney-in-fact for Arthur G. Sulzberger
Stock symbol: NYT.A
Transactions as of: Feb 21, 2024
Transactions value $: -$587,382
Form type: 4
Date filed: 2/23/2024, 05:48 PM
Previous filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NYT.A	Class A Common Stock	Gift	$0	-8K	-7.97%	$0.00	92.4K	Feb 21, 2024	Direct	F1
transaction	NYT.A	Class A Common Stock	Award	$0	+25.3K	+27.42%	$0.00	118K	Feb 21, 2024	Direct	F2
transaction	NYT.A	Class A Common Stock	Tax liability	-$475K	-11K	-9.34%	$43.23	107K	Feb 21, 2024	Direct	F3
transaction	NYT.A	Class A Common Stock	Award	$0	+14.7K	+13.72%	$0.00	121K	Feb 21, 2024	Direct	F4
transaction	NYT.A	Class A Common Stock	Tax liability	-$112K	-2.58K	-2.13%	$43.32	119K	Feb 22, 2024	Direct	F5
holding	NYT.A	Class A Common Stock						60.3K	Feb 21, 2024	By trust.
holding	NYT.A	Class A Common Stock						4.83K	Feb 21, 2024	By trust.
holding	NYT.A	Class A Common Stock						1.55K	Feb 21, 2024	As UTMA custodian for minor child.
holding	NYT.A	Class A Common Stock						1.4M	Feb 21, 2024	By trust.

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 21, 2024, the reporting person donated 8,000 shares of directly owned Class A Common Stock to a donor-advised fund, which will use the gifted shares for charitable purposes.
F2	Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from December 28, 2020 to December 31, 2023, pursuant to a performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan.
F3	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 2020 Incentive Compensation Plan.
F4	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 21, 2025, assuming continued employment through the applicable vesting date.
F5	Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 22, 2023, under The New York Times Company 2020 Incentive Compensation Plan.