Filing Details

Accession Number:
0000950170-23-072559
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-22 14:26:03
Reporting Period:
2023-12-20
Accepted Time:
2023-12-22 14:26:03
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
Senior Advisor No No 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 2023-12-20 4,999 $155.72 90,081 No 4 M Direct
Common Stock Disposition 2023-12-21 1,951 $157.23 88,130 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 2023-12-20 4,999 $0.00 4,999 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics.
  2. 10,000 RSUs and 10,000 PSUs were awarded on April 10, 2020. The Compensation Committee of Nexstar's Board of Directors approved and authorized the accelerated vesting and settlement of 2,499 RSUs and 2,500 PSUs effective December 20, 2023 in connection with Mr. Carter's retirement.
  3. The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.