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NEW YORK TIMES CO — Director's Dealing 2011
Feb 22, 2011
30644_dirs_2011-02-22_59253397-22ef-4c7a-a7a3-bde88bb3a2c2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEW YORK TIMES CO (NYT)
CIK: 0000071691
Period of Report: 2011-02-17
Reporting Person: Mayer Christopher M. (Publisher, The Boston Globe)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-17 | Class A Common Stock | A | 13241 | — | Acquired | 18758 | Direct |
| 2011-02-21 | Class A Common Stock | F | 252 | $10.68 | Disposed | 18506 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-17 | Option | $10.4550 | A | 29741 | Disposed | 2021-02-17 | Class A Common Stock (29741) | Direct |
Footnotes
F1: Consists of 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 February 17, 2014.
F2: Delivery of shares to The New York Times Company to satisfy withholding tax obligations related to the vesting of restricted stock units granted February 21, 2008.
F3: Right to buy Class A Common Stock granted under The New York Times Company 2010 Incentive Compensation Plan. The option vests in three equal annual installments beginning on February 17, 2012.