4//SEC Filing
NEW YORK TIMES CO 4
Accession 0001209191-17-027899
$NYTCIK 0000071691operating
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 5:24 PM ET
Size
11.1 KB
Accession
0001209191-17-027899
Insider Transaction Report
Form 4
KOHLBERG JAMES A
Director
Transactions
- Award
Class A Common Stock
2017-04-20+37→ 20,722 total - Award
Class A Common Stock
2017-04-19+6,843→ 20,685 total - Award
Phantom Stock Unit
2017-04-19+301.803→ 36,521.685 total→ Class A Common Stock (301.803 underlying)
Holdings
- 5,370(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]Consists of a grant of stock-settled restricted stock units under The New York Times Company 2010 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
- [F2]Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2010 Incentive Compensation Plan in connection with, and with a value equal to, cash dividends paid on The New York Times Company's Class A Common Stock ("Dividend Equivalent RSUs"). Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant. Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the date that such unvested RSUs vest, which is the date of the Company's first annual meeting following the initial grant.
- [F3]Shares held by the James A. Kohlberg Revocable Trust, of which the reporting person is the trustee and members of his immediate family are among the beneficiaries of the trust.
- [F4]Phantom stock units credited to the reporting person's account in respect of 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 Non-Employee Directors Deferral Plan, on April 19, 2017, 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 the cessation of the reporting person's membership on the Board of Directors. This transaction involved a derivative security that does not have an exercise date or an expiration date.
Documents
Issuer
NEW YORK TIMES CO
CIK 0000071691
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000071691
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 5:24 PM ET
- Size
- 11.1 KB