Filing Details
- Accession Number:
- 0001209191-23-034875
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-06 19:11:01
- Reporting Period:
- 2023-06-03
- Accepted Time:
- 2023-06-06 19:11:01
- 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 |
|---|---|---|---|---|---|---|---|
| 1789649 | Dana Zimmer | 545 E. John Carpenter Freeway Suite 700 Irving TX 75062 | President, Distribution | 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 | 2023-06-03 | 937 | $156.77 | 5,615 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-06-03 | 937 | $156.77 | 6,552 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-06-06 | 858 | $158.82 | 5,694 | 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 | 2023-06-03 | 937 | $0.00 | 937 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2023-06-03 | 937 | $0.00 | 937 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 16,563 | No | 4 | M | Direct | ||
| 15,626 | 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.
- 3,750 RSUs were awarded on June 3, 2022, of which 937, 938, 937 and 938 RSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively.
- The RSUs have no expiration. However, any and 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.
- 3,750 performance-based RSUs ("PSUs") were awarded on June 3, 2022, of which 937, 938, 937 and 938 PSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively, subject to the achievement of pre-established company performance metrics. For the 937 PSUs that were scheduled to vest on June 3, 2023, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus the 937 PSUs vested in full on June 3, 2023.
- The PSUs have no expiration. However, any and all unvested portion of PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
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