GARY WEITMAN - 23 May 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP and Chief Communications Officer
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Gary Weitman
Issuer symbol
NXST
Transactions as of
23 May 2024
Net transactions value
$0
Form type
4
Filing time
28 May 2024, 18:25:08 UTC
Previous filing
21 May 2024
Next filing
05 Jun 2024
SEC
View on sec.gov

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 +3,000 $0.000000 3,000 23 May 2024 Common Stock 3,000 Direct F1, F2, F3
transaction NXST Restricted Stock Units Award $0 +3,000 $0.000000 3,000 23 May 2024 Common Stock 3,000 Direct F1, F3, F4
* 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. 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.
F2 3,000 RSUs were awarded on May 23, 2024, of which 750 RSUs vest at each anniversary date of the award through May 23, 2028.
F3 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.
F4 3,000 PSUs were awarded on May 23, 2024, of which 750 PSUs vest at each anniversary date of the award through May 23, 2028, subject to the achievement of the pre-established company performance metric.

Remarks:

EVP and Chief Communications Officer