Filing Details

Accession Number:
0000950170-24-063120
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-21 18:01:26
Reporting Period:
2024-05-17
Accepted Time:
2024-05-21 18:01:26
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
1715344 Andrew Alford C/O Nexstar Media Group, Inc.
545 E. John Carpenter Freeway, Suite 700
Irving TX 75062
President, Broadcasting 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 2024-05-17 1,250 $169.56 9,845 No 4 M Direct
Common Stock Acquisiton 2024-05-17 1,250 $169.56 11,095 No 4 M Direct
Common Stock Disposition 2024-05-20 998 $167.43 10,097 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 2024-05-17 1,250 $0.00 1,250 $0.00
Common Stock Restricted Stock Units Disposition 2024-05-17 1,250 $0.00 1,250 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,250 No 4 M Direct
1,250 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. 5,000 RSUs were awarded on May 17, 2021, of which, 1,250 RSUs vest at each anniversary of the award through May 17, 2025.
  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.
  4. 5,000 PSUs were awarded on May 17, 2021, of which 1,250 PSUs vest at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics. For the 1,250 PSUs that were scheduled to vest on May 17, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 1,250 PSUs vested in full on May 17, 2024.