13G Filing: Park West Asset Management and Nexstar Media Group Inc. (NXST)

Page 5 of 9 – SEC Filing

Item 3.  If This Statement Is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the Person Filing is a:
Not Applicable.
Item 4.  Ownership:
(a)     Amount Beneficially Owned: 2,463,982*
(b)    Percent of Class: 5.2%*
(c)     Number of Shares as to which such person has:
(i)     Sole power to vote or to direct the vote: 2,463,982*
(ii)     Shared power to vote or to direct the vote: 0
(iii)     Sole power to dispose or to direct the disposition of: 2,463,982*
(iv)     Shared power to dispose or to direct the disposition of: 0  

  * This Schedule 13G is being jointly filed by (i) PWAM, a Delaware limited liability company and the investment manager to (a)
PWIMF, a Cayman Islands exempted company that is the holder of 1,302,335 shares of Common Stock of the Company and options to purchase
up to 887,200 shares of Common Stock of the Company and PWPI held 161,647 shares of Common Stock of the Company and options to
purchase up to 112,800 shares of Common Stock of the Company, as reported on this Schedule 13G; and (ii) Mr. Park, as the sole
member and manager of PWAM.

The 1,463,982 shares of Common Stock of the Company and the 1,000,000 shares of Common Stock of the Company underlying
the options held in the aggregate by the PW Funds, which constitute 5.2% of the shares of Common Stock of the Company deemed to
be issued and outstanding as of September 7, 2017, may be deemed to be beneficially owned (x) indirectly by PWAM, as the investment
adviser to PWIMF and PWPI, and (y) indirectly by Mr. Park, as the sole member and manager of PWAM. The foregoing beneficial ownership
percentage is based upon 46,218,124 shares of Common Stock of the Company, issued and outstanding as of August 7, 2017, based on
information reported by the Company in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August
9, 2017.

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