Filing Details

Accession Number:
0001209191-22-020671
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-22 21:30:52
Reporting Period:
2022-03-20
Accepted Time:
2022-03-22 21:30:52
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
1470437 Thomas Carter C/O Nexstar Media Group, Inc.
545 E. John Carpenter Freeway, Suite 700
Irving TX 75062
President And Coo 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 2022-03-20 3,125 $187.06 96,121 No 4 M Direct
Class A Common Stock Acquisiton 2022-03-20 3,125 $187.06 99,246 No 4 M Direct
Class A Common Stock Disposition 2022-03-22 6,250 $188.13 92,996 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2022-03-20 3,125 $0.00 3,125 $0.00
Class A Common Stock Restricted Stock Units Disposition 2022-03-20 3,125 $0.00 3,125 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
149,374 No 4 M Direct
146,249 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. 12,500 performance-based RSUs ("PSUs") were awarded on March 20, 2019, of which 3,125 PSUs vest at each anniversary of the award through March 20, 2023, subject to continued employment and achievement of pre-established performance metrics. For the 3,125 PSUs that were scheduled to vest on March 20, 2022, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 3,125 PSUs vested in full on March 20, 2022.
  3. The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs and PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
  4. 12,500 RSUs were awarded on March 20, 2019, of which 3,125 RSUs vest at each anniversary of the award through March 20, 2023.