DOREEN TOBEN - 26 Apr 2023 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
Director
Signature
/s/ Tara Hereich, Attorney-in-fact for Doreen Toben
Issuer symbol
NYT
Transactions as of
26 Apr 2023
Transactions value $
$0
Form type
4
Filing time
28 Apr 2023, 18:00:45 UTC
Previous filing
24 Apr 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NYT Phantom Stock Unit Award +812 +1% 82.3K 26 Apr 2023 Class A Common Stock 812 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

DOREEN TOBEN is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Phantom stock units credited to the reporting person's account in respect of dividend equivalent payments and accumulated interest on previously granted phantom stock units. Each phantom stock unit was credited to the reporting person's account under The New York Times Company Non-Employee Directors Deferral Plan, on April 26, 2023, based on the average closing price of a share of Class A Common Stock for the 30 trading days prior to the date of credit. Distribution in cash is generally made following the cessation of the reporting person's membership on the Board of Directors. This transaction involved a derivative security that does not have an exercise date or an expiration date.