| 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 | -656 | -25% | $0.000000 | 1,969 | 14 Jun 2024 | Common Stock | 656 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | 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 | 2,625 PSUs were awarded on June 14, 2023, of which 656, 657, 656 and 656 PSUs vest on June 14, 2024, 2025, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metrics. For the 656 PSUs that were scheduled to vest on June 14, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were not satisfied, thus the 656 PSUs were forfeited on June 14, 2024. |
| F3 | The PSUs have no expiration. However, any and all unvested portion of PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. |