Filing Details

Accession Number:
0001209191-21-021546
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 18:59:28
Reporting Period:
2021-03-15
Accepted Time:
2021-03-17 18:59:28
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
1269679 C Timothy Busch C/O Nexstar Media Group, Inc.
545 E. John Carpenter Freeway, Suite 700
Irving TX 75062
See Remarks No 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 8,334 $157.47 104,931 No 4 M Direct
Class A Common Stock Disposition 2021-03-15 3,276 $157.75 101,655 No 4 S Direct
Class A Common Stock Acquisiton 2021-03-15 8,334 $157.47 109,989 No 4 M Direct
Class A Common Stock Disposition 2021-03-15 3,276 $157.75 106,713 No 4 S Direct
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
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 8,334 $0.00 8,334 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-03-15 8,334 $0.00 8,334 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
43,334 No 4 M Direct
35,000 No 4 M Direct
Footnotes
  1. 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.
  2. 25,000 RSUs were awarded on March 15, 2018, of which 8,333, 8,333 and 8,334 restricted stock units vest on March 15, 2019, 2020 and 2021, respectively.
  3. 25,000 performance-based RSUs (PSUs) were awarded on March 15, 2018, of which 8,333, 8,333 and 8,334 PSUs vest on March 15, 2019, 2020 and 2021, respectively, subject to the achievement of pre-established company performance metrics. For the 8,334 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 8,334 PSUs vested in full on March 15, 2021.