DOLNICK LYNN 4
4 · NEW YORK TIMES CO · Filed Apr 28, 2011
Insider Transaction Report
Form 4
NEW YORK TIMES CONYT.A
DOLNICK LYNN
Director
Transactions
- Award
Options (Directors 2011)
2011-04-27+4,000→ 4,000 totalExercise: $8.57Exp: 2021-04-27→ Class A Common Stock (4,000 underlying) - Award
Phantom Stock Unit
2011-04-27+3,798.444→ 20,347.879 total→ Class A Common Stock (3,798.444 underlying)
Footnotes (2)
- [F1]Right to buy Class A Common Stock under The New York Times Company 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 these options was April 27, 2011.
- [F2]Phantom stock units credited to the reporting person's account in respect of a discretionary grant, with a value of $35,000. 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 27, 2011, 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 retirement. This transaction involved a derivative security that does not have an exercise date or an expiration date.