NYT director granted 2,277 restricted stock units
Bhutani Amanpal Singh reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bhutani Amanpal Singh reported acquisition or exercise transactions in this Form 4 filing.
Director Amanpal Singh Bhutani of The New York Times Company received a grant of 2,277 shares of Class A Common Stock in the form of stock-settled restricted stock units under the company’s 2020 Incentive Compensation Plan. These units were awarded at no cash purchase price.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The units vest on the date of the following Annual Meeting of Stockholders, and the vested shares will be delivered within 90 days after Bhutani’s service on the Board of Directors ends. Following this award, he directly holds 32,049 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,277 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 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.
Key Figures
Key Terms
restricted stock units financial
2020 Incentive Compensation Plan financial
Annual Meeting of Stockholders financial
Class A Common Stock financial
FAQ
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What insider transaction did NYT director Amanpal Singh Bhutani report on Form 4?
What are the vesting terms of Amanpal Singh Bhutani’s NYT restricted stock units?
Was there a purchase price for Bhutani’s NYT restricted stock unit award?
Under which plan were Amanpal Singh Bhutani’s NYT restricted stock units granted?
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