Sulzberger Arthur G. 4
4 · NEW YORK TIMES CO · Filed Feb 23, 2024
Insider Transaction Report
Form 4
NEW YORK TIMES CONYT.A
Sulzberger Arthur G.
DirectorChairman and Publisher
Transactions
- Gift
Class A Common Stock
2024-02-21−8,000→ 92,438 total - Tax Payment
Class A Common Stock
2024-02-21$43.23/sh−10,998$475,444→ 106,789 total - Award
Class A Common Stock
2024-02-21+25,349→ 117,787 total - Award
Class A Common Stock
2024-02-21+14,652→ 121,441 total - Tax Payment
Class A Common Stock
2024-02-22$43.32/sh−2,584$111,939→ 118,857 total
Holdings
- 60,323(indirect: By Trust)
Class A Common Stock
- 4,825(indirect: By Trust)
Class A Common Stock
- 1,554(indirect: By Children)
Class A Common Stock
- 1,400,000(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]On February 21, 2024, the reporting person donated 8,000 shares of directly owned Class A Common Stock to a donor-advised fund, which will use the gifted shares for charitable purposes.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.