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
- The 975,956 shares of common stock owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners.
- 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.
- 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.
- 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.