Martin Pompadur - Jun 18, 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Martin Pompadur
Stock symbol
NXST
Transactions as of
Jun 18, 2024
Transactions value $
$237,026
Form type
4
Date filed
6/18/2024, 06:58 PM
Previous filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $237K +1.56K +8.91% $151.94 19.1K Jun 18, 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 -1.56K -100% $0.00* 0 Jun 18, 2024 Common Stock 1.56K 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 1,560 RSUs were awarded on March 20, 2024. The Compensation Committee of Nexstar's Board of Directors approved and authorized the accelerated vesting and settlement of 1,560 RSUs effective June 18, 2024 in connection with Mr. Pompadur's retirement.
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.