Dana Zimmer - Apr 10, 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
President, Distribution
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Dana Zimmer
Stock symbol
NXST
Transactions as of
Apr 10, 2024
Transactions value $
$249,802
Form type
4
Date filed
4/12/2024, 09:11 PM
Previous filing
Mar 8, 2024
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $407K +2.5K +139.51% $162.95 4.29K Apr 10, 2024 Direct
transaction NXST Common Stock Tax liability -$158K -967 -22.53% $162.95 3.33K Apr 10, 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 Options Exercise $0 -2.5K -100% $0.00* 0 Apr 10, 2024 Common Stock 2.5K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As restricted stock units ("RSUs") vest, they are converted into shares of Common Stock on a one-for-one basis at the vesting date.
F2 10,000 RSUs were awarded on April 10, 2020, of which, 2,500 RSUs vested on each of April 10, 2021, 2022, 2023 and 2024.
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.
F4 In the Reporting Person's prior Form 4, the number of other derivative securities beneficially owned following the reported transaction were included. Going forward, only the number of the derivative securities for which the transaction is being disclosed will be reflected.