Blake Russell - Jun 3, 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP, Operations
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Blake Russell
Stock symbol
NXST
Transactions as of
Jun 3, 2024
Transactions value $
$129,657
Form type
4
Date filed
6/5/2024, 06:34 PM
Previous filing
May 28, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $214K +1.31K +5.14% $163.09 26.9K Jun 3, 2024 Direct
transaction NXST Common Stock Sale -$84.5K -528 -1.97% $160.00 26.3K Jun 4, 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 -1.31K -33.34% $0.00 2.63K Jun 3, 2024 Common Stock 1.31K 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 5,250 RSUs were awarded on June 3, 2022, of which 1,312 and 1,313 RSUs vested on June 3, 2023 and 2024, respectively, and, 1,312 and 1,313 RSUs will vest on June 3, 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.