Form 4 for NXST NEXSTAR MEDIA GROUP, INC.
Accepted 2022-04-12 00:00:00 ET · period of report 2022-04-10 · accession 0001209191-22-024122 · 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 | 2022-04-12 | 2022-04-10 | NXST | Carter Thomas | Pres, COO | F - Tax | $171.59 | -1,968 | 94.2K | -2% | -$337.7K |
| DM | 2022-04-12 | 2022-04-10 | NXST | Carter Thomas | Pres, COO | M - OptEx | $171.59 | +4,999 | 94.9K | +6% | +$857.8K |
| DM | 2022-04-12 | 2022-04-10 | NXST | Carter Thomas | Pres, COO | M - OptEx | $0.00 | -4,999 | 144.3K | -3% | $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 | Class A Common Stock | 2022-04-10 | F | D | 221 | $171.59 | 96,027 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-04-10 | M | A | 562 | $171.59 | 96,248 | D | — | — | |
| 3 | Common | Class A Common Stock | 2022-04-10 | F | D | 984 | $171.59 | 95,686 | D | — | — | |
| 4 | Common | Class A Common Stock | 2022-04-10 | M | A | 2,500 | $171.59 | 96,670 | D | — | — | |
| 5 | Common | Class A Common Stock | 2022-04-10 | F | D | 763 | $171.59 | 94,170 | D | — | — | |
| 6 | Common | Class A Common Stock | 2022-04-10 | M | A | 1,937 | $171.59 | 94,933 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2022-04-10 | M | D | 562 | $0.00 | 141,250 | D | — · — to — | 562 Class A Common Stock | (F1) As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date. (F5) 2,250 RSUs were awarded on April 10, 2020, of which, 563, 562, 563 and 562 RSUs vest at each anniversary of the award through April 10, 2024. (F3) The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. |
| 8 | Derivative | Restricted Stock Units | 2022-04-10 | M | D | 2,500 | $0.00 | 141,812 | D | — · — to — | 2,500 Class A Common Stock | (F1) As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date. (F4) 10,000 performance-based RSUs ("PSUs") were awarded on April 10, 2020, of which 2,500 PSUs vest at each anniversary of the award through April 10, 2024, subject to the achievement of pre-established company performance metrics. For the 2,500 PSUs that were scheduled to vest on April 10, 2022, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 2,500 PSUs vested in full on April 10, 2022. (F3) The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. |
| 9 | Derivative | Restricted Stock Units | 2022-04-10 | M | D | 1,937 | $0.00 | 144,312 | D | — · — to — | 1,937 Class A Common Stock | (F1) As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date. (F2) 7,750 RSUs were awarded on April 10, 2020, of which, 1,938, 1,937, 1,938 and 1,937 RSUs vest at each anniversary of the award through April 10, 2024. (F3) The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. |