Geoffrey Armstrong - Jun 9, 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Geoffrey Armstrong
Stock symbol
NXST
Transactions as of
Jun 9, 2024
Transactions value $
$115,365
Form type
4
Date filed
6/11/2024, 06:00 PM
Previous filing
Apr 12, 2024
Next filing
Jul 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $115K +750 +6.25% $153.82 12.8K Jun 9, 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 -750 -100% $0.00* 0 Jun 9, 2024 Common Stock 750 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 750 RSUs were awarded on June 14, 2023, all of which are fully vested on June 9, 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.