Filing Details

Accession Number:
0001209191-21-021539
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 18:54:36
Reporting Period:
2021-03-15
Accepted Time:
2021-03-17 18:54:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1142417 Nexstar Media Group Inc. NXST Television Broadcasting Stations (4833) 233083125
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1250261 A Perry Sook C/O Nexstar Media Group, Inc.
545 E. John Carpenter Freeway, Suite 700
Irving TX 75062
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-03-15 25,000 $157.47 353,176 No 4 M Direct
Class A Common Stock Disposition 2021-03-15 25,000 $157.75 328,176 No 4 S Direct
Class A Common Stock Acquisiton 2021-03-15 25,000 $157.47 353,176 No 4 M Direct
Class A Common Stock Disposition 2021-03-15 25,000 $157.75 328,176 No 4 S Direct
Class A Common Stock Acquisiton 2021-03-15 0 $0.00 975,956 No 4 M Indirect PS Sook Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Indirect PS Sook Ltd.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2021-03-15 25,000 $0.00 25,000 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-03-15 25,000 $0.00 25,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,527,083 No 4 M Direct
1,502,083 No 4 M Direct
Footnotes
  1. The 975,956 shares of common stock owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners.
  2. 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.
  3. 75,000 RSUs were awarded on March 15, 2018, of which 25,000 RSUs vest at each anniversary of the award through March 15, 2021.
  4. 75,000 performance-based RSUs (PSUs) were awarded on March 15, 2018, of which 25,000 PSUs vest at each anniversary of the award through March 15, 2021, subject to the achievement of pre-established company performance metrics. For the 25,000 PSUs that were scheduled to vest on March 15, 2021, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 25,000 PSUs vested in full on March 15, 2021.