Filing Details
- Accession Number:
- 0001209191-23-020607
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-22 18:34:25
- Reporting Period:
- 2023-03-20
- Accepted Time:
- 2023-03-22 18:34:25
- 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 | 2023-03-20 | 3,125 | $160.79 | 83,177 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-21 | 3,125 | $161.92 | 80,052 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | 2023-03-20 | 3,125 | $0.00 | 3,125 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2023-03-20 | 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 |
|---|---|---|---|---|---|---|
| 86,725 | No | 4 | D | Direct | ||
| 83,600 | No | 4 | M | Direct |
Footnotes
- As restricted stock units ("RSUs") vest, they are converted into shares of Common Stock on a one-for-one basis at the vesting date.
- 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, 2023, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were not satisfied, thus, the 3,125 PSUs were forfeited.
- 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.
- 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.
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