13G Filing: Luxor Capital Group and Nexstar Broadcasting Group Inc (NXST)

(a)	Amount beneficially owned:

As of the close of business on February 19, 2016,

(i)	The Onshore Fund beneficially owned 827,890 shares of Common Stock;

(ii)	The Wavefront Fund beneficially owned 135,113 shares of Common Stock;

(iii)

The Offshore Master Fund beneficially owned 778,569 shares of Common Stock.  The Offshore Feeder Fund, as the owner of a controlling interest in the Offshore Master Fund, may be deemed to have beneficially owned the shares of Common Stock beneficially owned by the Offshore Master Fund;

(iv)	The Thebes Master Fund beneficially owned 20,592 shares of Common Stock. The Thebes Feeder Fund, as the owner of a controlling interest in the Thebes Master Fund, may be deemed to have beneficially owned the shares of Common Stock beneficially owned by the Thebes Master Fund;

(v)

LCG Holdings, as the general partner of the Onshore Fund, the Wavefront Fund, the Offshore Master Fund, and the Thebes Master Fund may be deemed to have beneficially owned the 1,762,164 shares of Common Stock beneficially owned by the Onshore Fund, the Wavefront Fund, the Offshore Master Fund, and the Thebes Master Fund;

(vi)

Luxor Capital Group, as the investment manager of the Funds and the Separately Managed Account, may be deemed to have beneficially owned 1,770,061 shares of Common Stock, including the 1,762,164 shares of Common Stock beneficially owned by the Funds and 7,897 shares of Common Stock held in the Separately Managed Account;

(vii)

Luxor Management, as the general partner of Luxor Capital Group, may be deemed to have beneficially owned the 1,770,061 shares of Common Stock beneficially owned by Luxor Capital Group; and

(viii)

Mr. Leone, as the managing member of Luxor Management, may be deemed to have beneficially owned the 1,770,061 shares of Common Stock beneficially owned by Luxor Management.

(b)	Percent of Class:

The aggregate percentage of Common Stock reported owned by each person named herein is based upon 30,620,804 shares of Common Stock outstanding as of November 2, 2015, which is the total number of shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 5, 2015. As of the close of business on February 19, 2016,

(i)	The Onshore Fund beneficially owned approximately 2.7% of the outstanding shares of Common Stock;