KOHLBERG JAMES A 4
4 · NEW YORK TIMES CO · Filed May 6, 2019
Insider Transaction Report
Form 4
KOHLBERG JAMES A
Director
Transactions
- Award
Phantom Stock Unit
2019-05-02+189.725→ 37,023.025 total→ Class A Common Stock (189.725 underlying)
Footnotes (1)
- [F1]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 May 2, 2019, 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.