Form 4 for NXST NEXSTAR MEDIA GROUP, INC.
Accepted 2023-12-22 00:00:00 ET · period of report 2023-12-20 · accession 0000950170-23-072559 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-22 | 2023-12-20 | NXST | Carter Thomas | Senior Advisor | M - OptEx | $155.72 | +4,999 | 90.1K | +6% | +$778.4K |
| D | 2023-12-22 | 2023-12-21 | NXST | Carter Thomas | Senior Advisor | S - Sale+OE | $157.23 | -1,951 | 88.1K | -2% | -$306.8K |
| D | 2023-12-22 | 2023-12-20 | NXST | Carter Thomas | Senior Advisor | M - OptEx | $0.00 | -4,999 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-20 | M | A | 4,999 | $155.72 | 90,081 | D | — | — | |
| 2 | Common | Common Stock | 2023-12-21 | S | D | 1,951 | $157.23 | 88,130 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-12-20 | M | D | 4,999 | $0.00 | 0 | D | — · — to — | 4,999 Common Stock | (F1) Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics. (F2) 10,000 RSUs and 10,000 PSUs were awarded on April 10, 2020. The Compensation Committee of Nexstar's Board of Directors approved and authorized the accelerated vesting and settlement of 2,499 RSUs and 2,500 PSUs effective December 20, 2023 in connection with Mr. Carter's retirement. (F3) The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. |