Perpich David S. 4
4 · NEW YORK TIMES CO · Filed Feb 23, 2024
Insider Transaction Report
Form 4
NEW YORK TIMES CONYT.A
Perpich David S.
Director
Transactions
- Award
Class A Common Stock
2024-02-21+2,854→ 23,350 total - Tax Payment
Class A Common Stock
2024-02-21$43.23/sh−1,234$53,346→ 22,116 total - Award
Class A Common Stock
2024-02-21+2,584→ 24,700 total - Tax Payment
Class A Common Stock
2024-02-22$43.32/sh−303$13,126→ 24,397 total
Holdings
- 1,400,000(indirect: By Trust)
Class A Common Stock
- 492(indirect: By Children)
Class A Common Stock
- 11,000(indirect: By Trust)
Class A Common Stock
- 491(indirect: By Children)
Class A Common Stock
- 186,901(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [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 28, 2020 to December 31, 2023, pursuant to a performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan.
- [F2]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 2020 Incentive Compensation Plan.
- [F3]Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests in three equal annual installments beginning on February 21, 2025, assuming continued employment through the applicable vesting date.
- [F4]Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 22, 2023, under The New York Times Company 2020 Incentive Compensation Plan.
- [F5]The reporting person disclaims beneficial ownership of these shares.