Filing Details
- Accession Number:
- 0000950170-24-063124
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-05-21 18:05:01
- Reporting Period:
- 2024-05-17
- Accepted Time:
- 2024-05-21 18:05:01
- 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 | 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 | 4,575 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-05-17 | 1,250 | $169.56 | 5,825 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-05-20 | 1,173 | $167.43 | 4,652 | 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
- 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.
- 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.
- 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.
- 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.
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