Form 4 for NXST NEXSTAR MEDIA GROUP, INC.
Accepted 2024-05-21 00:00:00 ET · period of report 2024-05-17 · accession 0000950170-24-063110 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-05-21 | 2024-05-17 | NXST | COMPTON SEAN | Pres, Networks | M - OptEx | $169.56 | +2,500 | 13.7K | +22% | +$423.9K |
| D | 2024-05-21 | 2024-05-20 | NXST | COMPTON SEAN | Pres, Networks | S - Sale+OE | $167.43 | -1,123 | 12.6K | -8% | -$188.0K |
| DM | 2024-05-21 | 2024-05-17 | NXST | COMPTON SEAN | Pres, Networks | M - OptEx | $0.00 | -2,500 | 1,250 | -67% | $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 | 2024-05-17 | M | A | 1,250 | $169.56 | 12,424 | D | — | — | |
| 2 | Common | Common Stock | 2024-05-20 | S | D | 1,123 | $167.43 | 12,551 | D | — | — | |
| 3 | Common | Common Stock | 2024-05-17 | M | A | 1,250 | $169.56 | 13,674 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2024-05-17 | M | D | 1,250 | $0.00 | 1,250 | D | — · — to — | 1,250 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) 5,000 RSUs were awarded on May 17, 2021, of which, 1,250 RSUs vest at each anniversary of the award through May 17, 2025. (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. |
| 5 | Derivative | Restricted Stock Units | 2024-05-17 | M | D | 1,250 | $0.00 | 1,250 | D | — · — to — | 1,250 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. (F4) 5,000 PSUs were awarded on May 17, 2021, of which 1,250 PSUs vest at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics. For the 1,250 PSUs that were scheduled to vest on May 17, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 1,250 PSUs vested in full on May 17, 2024. (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. |