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New York Times (NYSE: NYT) director receives 2,277 restricted stock units
New York Times Company director Anuradha B. Subramanian was granted 2,277 stock-settled restricted stock units under the company’s 2020 Incentive Compensation Plan. These units, which were awarded at $0.00 per share, represent a contingent right to one share of Class A Common Stock each. The units will vest on the date of the next Annual Meeting of Stockholders, and vested shares will be delivered within 90 days after Subramanian’s service on the Board of Directors ends, bringing her total holdings to 11,899 Class A Common Stock-related units and shares.