Filing Details

Accession Number:
0001209191-22-051339
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-27 15:19:16
Reporting Period:
2022-09-25
Accepted Time:
2022-09-27 15:19:16
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
Common Stock Acquisiton 2022-09-25 12,500 $170.04 99,777 No 4 M Direct
Common Stock Acquisiton 2022-09-25 12,500 $170.04 112,277 No 4 M Direct
Common Stock Disposition 2022-09-27 9,737 $171.91 102,540 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
Common Stock Restricted Stock Units Disposition 2022-09-25 12,500 $0.00 12,500 $0.00
Common Stock Restricted Stock Units Disposition 2022-09-25 12,500 $0.00 12,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
128,750 No 4 M Direct
116,250 No 4 M Direct
Footnotes
  1. As restricted stock units ("RSUs") vest, they are converted into shares of Common Stock on a one-for-one basis at the vesting date.
  2. 37,500 performance-based RSUs ("PSUs") were awarded on September 25, 2020, of which 12,500 PSUs vest at each anniversary of the award through September 25, 2023, subject to the achievement of pre-established company performance metrics. For the 12,500 PSUs that were scheduled to vest on September 25, 2022, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 12,500 PSUs vested in full on September 25, 2022.
  3. The RSUs/PSUs have no expiration. However, all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
  4. 37,500 RSUs were awarded on September 25, 2020, of which, 12,500 RSUs vest at each anniversary of the award through September 25, 2023.