Arthur G. Sulzberger - 21 Feb 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
Issuer symbol
NYT.A
Transactions as of
21 Feb 2024
Transactions value $
-$587,382
Form type
4
Date filed
23 Feb 2024, 17:48
Previous filing
21 Feb 2024
Next filing
20 Feb 2025
SEC
View on sec.gov

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 21 Feb 2024 Direct F1
transaction NYT.A Class A Common Stock Award $0 +25.3K +27.42% $0.00 118K 21 Feb 2024 Direct F2
transaction NYT.A Class A Common Stock Tax liability -$475K -11K -9.34% $43.23 107K 21 Feb 2024 Direct F3
transaction NYT.A Class A Common Stock Award $0 +14.7K +13.72% $0.00 121K 21 Feb 2024 Direct F4
transaction NYT.A Class A Common Stock Tax liability -$112K -2.58K -2.13% $43.32 119K 22 Feb 2024 Direct F5
holding NYT.A Class A Common Stock 60.3K 21 Feb 2024 By trust.
holding NYT.A Class A Common Stock 4.83K 21 Feb 2024 By trust.
holding NYT.A Class A Common Stock 1.55K 21 Feb 2024 As UTMA custodian for minor child.
holding NYT.A Class A Common Stock 1.4M 21 Feb 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.