Lee Ann Gliha - 20 Dec 2023 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Signature
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha
Issuer symbol
NXST
Transactions as of
20 Dec 2023
Net transactions value
$0
Form type
4
Filing time
21 Dec 2023, 12:44:31 UTC
Previous filing
15 Aug 2023
Next filing
28 May 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXST Restricted Stock Units Award $0 +2,500 +15% $0.000000 18,938 20 Dec 2023 Common Stock 2,500 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
F2 2,500 RSUs were awarded on December 20, 2023, of which 833, 833 and 834 RSUs vest on December 20, 2024, 2025 and 2026, respectively.
F3 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.