As filed with the Securities and Exchange Commission on May 6, 2014
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
THE NEW YORK TIMES COMPANY
(Exact Name of Registrant as Specified in its Charter)
New York | 13-1102020 | |
(State or other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
620 Eighth Avenue
New York, New York 10018
(212) 556-1234
(Address, including zip code, and telephone number, including area code, of Registrants principal executive offices)
The New York Times Company
2010 Incentive Compensation Plan
(Full title of the plan)
KENNETH A. RICHIERI, ESQ.
Executive Vice President and General Counsel
The New York Times Company
620 Eighth Avenue
New York, New York 10018
(212) 556-1234
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer | x | Accelerated filer | ¨ | |||
Non-accelerated filer | ¨ (Do not check if a smaller reporting company) | Smaller reporting company | ¨ |
CALCULATION OF REGISTRATION FEE
| ||||||||
Title of securities to be registered |
Amount to be Registered(1) |
Proposed maximum offering price per share(2) |
Proposed maximum aggregate offer price(2) |
Amount of registration fee(3) | ||||
Class A Common Stock, par value $0.10 per share |
6,500,000 | $15.53 | $100,945,000 | $13,002 | ||||
| ||||||||
|
(1) | Pursuant to Rule 416 under the Securities Act of 1933, as amended (the Securities Act), this Registration |
Statement shall also cover any additional shares of Class A Common Stock which become issuable under the above-named plan by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without the receipt of consideration which results in an increase in the number of outstanding shares of Class A Common Stock. |
(2) | Calculated pursuant to Rules 457(c) and 457(h) of the Securities Act, solely for the purpose of computing the registration fee, based on the average of the high and low sales price of the Registrants Class A Common Stock, as reported by the New York Stock Exchange on May 5, 2014. |
(3) | Calculated pursuant to Section 6(b) of the Securities Act as follows: Proposed maximum aggregate offering price multiplied by .0001288. |
INCORPORATION BY REFERENCE
The Registrant is registering an additional 6,500,000 shares of its Class A common stock, par value $0.10 per share (Class A Stock), to be issued pursuant to The New York Times Company 2010 Incentive Compensation Plan, as amended (the 2010 Incentive Plan). The Registrant has previously registered 8,000,000 shares of Class A Stock pursuant to a Registration Statement on Form S-8 respecting the 2010 Incentive Plan, filed with the Securities and Exchange Commission on April 30, 2010 (File No. 333-166426). The contents of such Registration Statement on Form S-8 are hereby incorporated by reference herein.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York on May 6, 2014.
THE NEW YORK TIMES COMPANY | ||||
By: | /S/ KENNETH A. RICHIERI | |||
Kenneth A. Richieri Executive Vice President and General Counsel |
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and appoints Kenneth A. Richieri and Diane Brayton, and each acting alone, his/her true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution for him/her and in his/her name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their substitute or substitutes, may lawfully do or cause to be done by virtue thereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on this 6th day of May, 2014.
Signature |
Title |
|||
/S/ ARTHUR SULZBERGER, JR. |
Chairman and Director |
|||
Arthur Sulzberger, Jr. | ||||
/S/ MARK THOMPSON |
Chief Executive Officer, President and Director (principal executive officer) |
|||
Mark Thompson | ||||
/S/ MICHAEL GOLDEN |
Vice Chairman and Director |
|||
Michael Golden | ||||
/S/ JAMES M. FOLLO |
Executive Vice President and Chief Financial Officer (principal financial officer) |
|||
James M. Follo | ||||
/S/ R. ANTHONY BENTEN |
Senior Vice President, Finance and Corporate Controller (principal accounting officer) |
|||
R. Anthony Benten | ||||
/S/ RAUL E. CESAN |
Director |
|||
Raul E. Cesan | ||||
/S/ ROBERT E. DENHAM |
Director |
|||
Robert E. Denham | ||||
/S/ STEVEN B. GREEN |
Director |
|||
Steven B. Green | ||||
/S/ CAROLYN D. GREENSPON |
Director |
|||
Carolyn D. Greenspon |
/S/ JOICHI ITO |
Director |
|||
Joichi Ito | ||||
/S/ JAMES A. KOHLBERG |
Director |
|||
James A. Kohlberg | ||||
/S/ DAVID E. LIDDLE |
Director |
|||
David E. Liddle | ||||
/S/ ELLEN R. MARRAM |
Director |
|||
Ellen R. Marram | ||||
/S/ BRIAN P. MCANDREWS |
Director |
|||
Brian P. McAndrews | ||||
/S/ DOREEN A. TOBEN |
Director |
|||
Doreen A. Toben |
EXHIBIT INDEX
Exhibit No. |
Exhibit | |
4 | The New York Times Company 2010 Incentive Compensation Plan, as amended (filed as an exhibit to the Registrants Form 8-K filed with the Commission on April 30, 2014, and incorporated by reference herein). | |
5 | Opinion of Morgan, Lewis & Bockius LLP as to the legality of the securities being registered. | |
23.1 | Consent of Ernst & Young LLP, independent registered public accounting firm. | |
23.2 | Consent of Morgan, Lewis & Bockius LLP (included in the opinion filed as Exhibit 5). | |
24 | Powers of Attorney (included on Signature Page). |
Exhibit 5
Morgan, Lewis & Bockius LLP
101 Park Avenue
New York, NY 10178
May 6, 2014
The New York Times Company
620 Eighth Avenue
New York, NY 10018
Re: | The New York Times Company, Registration Statement on Form S-8 |
Ladies and Gentlemen:
We have acted as counsel to The New York Times Company, a New York corporation (the Company), in connection with the filing of the referenced Registration Statement (the Registration Statement) under the Securities Act of 1933, as amended (the Act), with the Securities and Exchange Commission (the Commission). The Registration Statement relates to the proposed offering and sale of up to 6,500,000 shares of Class A common stock, par value $ 0.10 per share, of the Company (the Shares).
In connection with this opinion letter, we have examined the Registration Statement and originals, or copies certified or otherwise identified to our satisfaction, of the Certificate of Incorporation and By-laws of the Company, and such other documents, records and other instruments as we have deemed appropriate for the purposes of the opinion set forth herein.
We have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of the documents submitted to us as originals, the conformity with the originals of all documents submitted to us as certified, facsimile or photostatic copies and the authenticity of the originals of all documents submitted to us as copies.
Based upon the foregoing, we are of the opinion that the Shares have been duly authorized by the Company and, when issued by the Company and transferred to plan participants in accordance with The New York Times Company 2010 Incentive Compensation Plan, as amended, in the manner contemplated by the Registration Statement, will be validly issued, fully paid and non-assessable.
The opinions expressed herein are limited to the laws of the State of New York.
We hereby consent to the use of this opinion as Exhibit 5 to the Registration Statement. In giving such consent, we do not hereby admit that we are acting within the category of persons whose consent is required under Section 7 of the Act or the rules or regulations of the Commission thereunder.
Very truly yours,
/s/ Morgan, Lewis & Bockius LLP
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in this Registration Statement (Form S-8) pertaining to The New York Times Company 2010 Incentive Compensation Plan, as amended, of our reports dated February 26, 2014, with respect to the consolidated financial statements and schedule of The New York Times Company and the effectiveness of internal control over financial reporting of The New York Times Company, included in its Annual Report (Form 10-K) for the fiscal year ended December 29, 2013, filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
New York, New York
May 6, 2014