Lisbeth McNabb - 20 Mar 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Lisbeth McNabb
Issuer symbol
NXST
Transactions as of
20 Mar 2024
Net transactions value
-$412,500
Form type
4
Filing time
21 Mar 2024, 16:27:24 UTC
Previous filing
20 Mar 2024
Next filing
22 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Sale $412,500 -2,500 -23% $165.00 8,427 20 Mar 2024 Direct

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 +1,560 +113% $0.000000 2,935 20 Mar 2024 Common Stock 1,560 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 1,560 RSUs were awarded on March 20, 2024, all of which will fully vest on March 20, 2025.
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.