New York Times Co 8-K, filed Dec 17, 2021
New York Times Co (NYT)
About this 8-K
New York Times Co filed this 8-K on December 17, 2021, reporting on events of December 16, 2021.
Items reported
- Item 5.03: Charter or bylaw amendment, or fiscal year change
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On December 16, 2021, the Board of Directors of The New York Times Company (the “Company”) approved a resolution to change the Company’s fiscal year from a 52/53 week fiscal year ending the last Sunday of December to a calendar year. Accordingly, the Company’s current fiscal year ending December 26, 2021 will be unaffected, the 2022 fiscal year will commence December 27, 2021, and be extended from December 25, 2022, to December 31, 2022, and subsequent fiscal years will begin on January 1 and end on December 31 of each year. The Company’s first three fiscal quarters of fiscal 2022 will end on March 27, 2022, June 26, 2022, and September 25, 2022, respectively, and the fourth fiscal quarter will be the period from September 26, 2022 to December 31, 2022. Beginning in 2023, the Company’s quarterly results will be for the three-month periods ending March 31, June 30, September 30 and December 31.
The Company will not be required to file a transition report because this change is not deemed a change in fiscal year for purposes of reporting subject to Rule 13a-10 or Rule 15d-10 of the Securities Exchange Act of 1934, as amended, as the new fiscal year commences within seven days of the prior fiscal year and the new fiscal year commences with the end of the prior fiscal year.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE NEW YORK TIMES COMPANY | ||||||
| Date: December 17, 2021 | By: | /s/ Diane Brayton | ||||
| Diane Brayton | ||||||
| Executive Vice President, General Counsel and Secretary | ||||||