NEW YORK TIMES CO 4
4 · NEW YORK TIMES CO · Filed Feb 22, 2016
Insider Transaction Report
Form 4
NEW YORK TIMES CONYT.A
GOLDEN MICHAEL
DirectorVice Chairman
Transactions
- Tax Payment
Class A Common Stock
2016-02-18$12.86/sh−40,145$516,265→ 311,831 total - Award
Class A Common Stock
2016-02-18+85,796→ 351,976 total
Holdings
- 3,300(indirect: By 401(k))
Class A Common Stock
Footnotes (4)
- [F1]Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from December 31, 2012 to December 27, 2015, pursuant to a performance based equity award under The New York Times Company's 2010 Incentive Compensation Plan.
- [F2]In addition, the reporting person owns 1,400,000 shares of Class A Common Stock indirectly by a trust.
- [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's 2010 Incentive Compensation Plan.
- [F4]Represents shares of Class A stock equivalents attributed to holdings in the Company Stock Fund of The New York Times Companies Supplemental Retirement and Investment Plan (the "401(k) Plan"), based on a plan statement dated as of December 31, 2015. The number of shares was calculated by dividing the dollar value of the reporting person's holdings in such fund by the closing price of The New York Times Company Class A Common Stock on December 31, 2015.