0001209191-18-025871.txt : 20180423
0001209191-18-025871.hdr.sgml : 20180423
20180423170834
ACCESSION NUMBER: 0001209191-18-025871
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180419
FILED AS OF DATE: 20180423
DATE AS OF CHANGE: 20180423
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DENHAM ROBERT E
CENTRAL INDEX KEY: 0001195643
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05837
FILM NUMBER: 18769482
MAIL ADDRESS:
STREET 1: MUNGER, TOLLES & OLSON LLP
STREET 2: 355 S. GRAND AVENUE, 35TH FLOOR
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK TIMES CO
CENTRAL INDEX KEY: 0000071691
STANDARD INDUSTRIAL CLASSIFICATION: NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING [2711]
IRS NUMBER: 131102020
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1230
BUSINESS ADDRESS:
STREET 1: 620 EIGHTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10018
BUSINESS PHONE: 2125561234
MAIL ADDRESS:
STREET 1: 620 EIGHTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10018
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-04-19
0
0000071691
NEW YORK TIMES CO
NYT
0001195643
DENHAM ROBERT E
THE NEW YORK TIMES COMPANY
620 EIGHTH AVENUE
NEW YORK
NY
10018
1
0
0
0
Class A Common Stock
2018-04-19
4
A
0
4449
0.00
A
41125
D
Class A Common Stock
2018-04-19
4
A
0
36
0.00
A
41161
D
Phantom Stock Unit
2018-04-19
4
A
0
311.6155
A
Class A Common Stock
311.6155
36833.3045
D
Consists of a grant of stock-settled restricted stock units under The New York Times Company 2010 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2010 Incentive Compensation Plan in connection with, and with a value equal to, cash dividends paid on The New York Times Company's Class A Common Stock ("Dividend Equivalent RSUs"). Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant. Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the date that such unvested RSUs vest, which is the date of the Company's first annual meeting following the initial grant.
Phantom stock units credited to the reporting person's account in respect of dividend equivalent payments and accumulated interest on previously granted phantom stock units. Each phantom stock unit was credited to the reporting person's account under The New York Times Company Non-Employee Directors Deferral Plan, on April 19, 2018, based on the average closing price of a share of Class A Common Stock for the 30 trading days prior to the date of credit. Distribution in cash is generally made following the cessation of the reporting person's membership on the Board of Directors. This transaction involved a derivative security that does not have an exercise date or an expiration date.
/s/ Diane Brayton, Attorney-in-fact for Robert E. Denham
2018-04-23