NEW YORK TIMES CO 4
4 · NEW YORK TIMES CO · Filed Apr 27, 2009
Insider Transaction Report
Form 4
NEW YORK TIMES CONYT.A
COHEN DANIEL H
Director
Transactions
- Award
Options
2009-04-23+4,000→ 4,000 totalExercise: $4.92Exp: 2019-04-23→ Class A Common Stock (4,000 underlying) - Award
Phantom Stock Unit
2009-04-23+7,514.866→ 10,869.168 total→ Class A Common Stock (7,514.866 underlying)
Footnotes (2)
- [F1]Right to buy Class A Common Stock under The New York Times Company's 2004 Non-Employee Directors' Stock Incentive Plan. Options become exercisable on the date of the first Annual Meeting of Stockholders subsequent to the grant date. The grant date for the options reported was April 23, 2009.
- [F2]Represents a discretionary grant of 7,152.6373 phantom stock units with a value of $35,000 and 362.2285 phantom stock units equal in value to 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's Non-Employee Directors Deferral Plan, on April 23, 2009, 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 upon retirement. This transaction involved a derivative security that does not have an exercise date or expiration date.