NYT (NYSE: NYT) director receives 26 Dividend Equivalent RSUs grant
Rhea-AI Filing Summary
Subramanian Anuradha B. reported acquisition or exercise transactions in this Form 4 filing.
The New York Times Company director Anuradha B. Subramanian received an award of 26 shares of Class A Common Stock on a grant basis. These are Restricted Stock Units (RSUs) granted as Dividend Equivalent RSUs under the company’s 2020 Incentive Compensation Plan, reflecting cash dividends paid on Class A shares.
Dividend Equivalent RSUs tied to already vested RSUs are fully vested at grant, while those linked to unvested RSUs will vest on the same schedule as the underlying awards, at the company’s first annual meeting following the initial grant. After this grant, she directly holds 9,622 shares of Class A Common Stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 26 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2020 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.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Dividend Equivalent RSUs financial
2020 Incentive Compensation Plan financial
FAQ
What insider transaction did NYT director Anuradha B. Subramanian report?
What are Dividend Equivalent RSUs in the NYT 2020 Incentive Compensation Plan?
When do the unvested NYT Dividend Equivalent RSUs reported here vest?
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