Sec Form 4 Filing - Sulzberger Arthur G. @ NEW YORK TIMES CO - 2023-07-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
Sulzberger Arthur G.
2. Issuer Name and Ticker or Trading Symbol
NEW YORK TIMES CO [ NYT.A]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman and Publisher
(Last) (First) (Middle)
THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
07/11/2023
(Street)
NEW YORK, NY10018
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/11/2023 G( 1 ) 60,322 D $ 0 0 ( 2 ) I By trust.
Class A Common Stock 60,323 ( 2 ) I By trust.
Class A Common Stock 110,191 D
Class A Common Stock 4,825 I By trust.
Class A Common Stock 1,554 I As UTMA custodian for minor child.
Class A Common Stock 1,400,000 I By trust.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sulzberger Arthur G.
THE NEW YORK TIMES COMPANY
620 EIGHTH AVENUE
NEW YORK, NY10018
X Chairman and Publisher
Signatures
/s/ Scott Warren Goodman as Attorney-in-fact for Arthur G. Sulzberger 07/31/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On July 11, 2023, this family trust (the "Original Trust"), of which the reporting person was both trustee and beneficiary, distributed 120,645 shares of Class A Common Stock to two newly-created family trusts (the "Distribution"). These 60,322 shares were distributed to one of the newly-created trusts, over which the reporting person possesses no investment control.
( 2 )In connection with the Distribution, the balance of shares held in the Original Trust was distributed to the other newly-created trust, of which the reporting person is both trustee and beneficiary, in a transaction exempt from reporting under Exchange Act Rule 16a-13.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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