SULZBERGER ARTHUR JR 4
4 · NEW YORK TIMES CO · Filed Nov 21, 2019
Insider Transaction Report
Form 4
NEW YORK TIMES CONYT.A
SULZBERGER ARTHUR JR
DirectorChairman and Publisher
Transactions
- Sale
Class A Common Stock
2019-11-20$31.23/sh−136,650$4,267,962→ 350,653 total - Exercise/Conversion
Class A Common Stock
2019-11-20$11.13/sh+136,650$1,520,915→ 487,303 total - Exercise/Conversion
Employee Stock Options - Rights to Buy
2019-11-20−136,650→ 0 totalExercise: $11.13Exp: 2020-02-18→ Class A Common Stock (136,650 underlying)
Holdings
- 984(indirect: By Trust)
Class A Common Stock
- 25,000(indirect: By Trust)
Class A Common Stock
- 1,400,000(indirect: By Trust)
Class A Common Stock
- 25,000(indirect: By Trust)
Class A Common Stock
- 984(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.96 to $31.77, inclusive. The reporting person undertakes to provide The New York Times Company, any security holder of The New York Times Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]The reporting person disclaims beneficial ownership of these shares.
- [F3]Rights to buy Class A Common Stock granted on February 18, 2010 under The New York Times Company 1991 Executed Stock Incentive Plan. The option has vested in three equal annual installments beginning on February 18, 2011.