MIDDELHOFF THOMAS 4
4 · NEW YORK TIMES CO · Filed Apr 26, 2012
Insider Transaction Report
Form 4
MIDDELHOFF THOMAS
Director
Transactions
- Award
Phantom Stock Unit
2012-04-25+9,111.202→ 29,459.082 total→ Class A Common Stock (9,111.202 underlying)
Footnotes (1)
- [F1]Phantom stock units credited to the reporting person's account in respect of a discretionary grant, with a value of $60,000. 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 25, 2012, 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.