secwatch / observer
8-K filed October 2, 2023, 7:59 PM ET ticker NYT CIK 0000071691
other confidence high sentiment neutral materiality 0.10

NYT Board amends bylaws to add universal proxy rule requirements and exclusive forum provisions

NEW YORK TIMES CO

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NEW YORK TIMES CO: Adopted amendments to the By-laws to specify universal proxy rules compliance, enhance nomination procedures, reserve white proxy cards for the Board, designate exclusive forum provisions, and make other conforming changes (effective 2023-09-28).

Change
bylaw amendment
Effective
2023-09-28
Exact text from the filing
On September 28, 2023, the Board of Directors (the “Board”) of The New York Times Company (the “Company”) approved and adopted amendments to the By-laws of the Company (the “Amended By-laws”) to: • Specify the requirements with which stockholders delivering notice of a director nomination pursuant to the “universal proxy rules” in Rule 14a-19 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), must comply, including certifying that such stockholder has met the requirements of Rule 14a-19(a) under the Exchange Act and delivering reasonable evidence of such compliance upon request of the Company; • Enhance and clarify certain other procedural and informational notice requirements applicable to stockholders seeking to nominate directors or propose other business at meetings of stockholders; • Reserve white proxy cards for the exclusive use of the Board; • Designate (i) the New York Supreme Court (or, if such court does not have jurisdiction, the federal district co
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Source: SEC EDGAR
accession 0000071691-23-000025
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