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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options (3) | $ 11.13 | 08/08/2017 | M | 42,000 | (3) | 02/18/2020 | Class A Common Stock | 42,000 | $ 0 | 0 | D | ||||
Options (4) | $ 10.455 | 08/08/2017 | M | 42,751 | (4) | 02/17/2021 | Class A Common Stock | 42,751 | $ 0 | 0 | D | ||||
Options (5) | $ 7.215 | 08/08/2017 | M | 53,410 | (5) | 02/16/2022 | Class A Common Stock | 53,410 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FOLLO JAMES M THE NEW YORK TIMES COMPANY 620 EIGHTH AVENUE NEW YORK, NY 10018 |
EVP & CFO |
/s/ Diane Brayton, Attorney-in-fact for James M. Follo | 08/10/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.875 to $19.075 inclusive. The reporting person undertakes to provide to 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, the information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote. |
(2) | Represents shares of Class A stock equivalents attributed to holdings in the Company Stock Fund of The New York Times Companies Supplemental Retirement and Investment Plan (the "401(k) Plan"). |
(3) | Right to buy Class A Common Stock granted under The New York Times Company 1991 Executive Stock Incentive Plan. 42,000 options were granted February 18, 2010 and vested in three equal annual installments beginning February 18, 2011. |
(4) | Right to buy Class A Common Stock granted under The New York Times Company 2010 Incentive Compensation Plan. 42,751 options were granted February 17, 2011 and vested in three equal annual installments beginning February 17, 2012. |
(5) | Right to buy Class A Common Stock granted under The New York Times Company 2010 Incentive Compensation Plan. 53,410 options were granted February 16, 2012 and vested in three equal annual installments beginning February 16, 2013. |