Andrew Alford - Jun 1, 2021 Form 3 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: President, Broadcasting
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Andrew Alford
Stock symbol: NXST
Transactions as of: Jun 1, 2021
Transactions value $: $0
Form type: 3
Date filed: 6/10/2021, 12:04 PM
Next filing: Aug 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NXST	Class A Common Stock						3.78K	Jun 1, 2021	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
holding	NXST	Restricted Stock Units							Jun 1, 2021	Class A Common Stock	625	$0.00	Direct	F1, F2
holding	NXST	Restricted Stock Units							Jun 1, 2021	Class A Common Stock	1.88K	$0.00	Direct	F2, F3
holding	NXST	Restricted Stock Units							Jun 1, 2021	Class A Common Stock	2K	$0.00	Direct	F2, F4
holding	NXST	Restricted Stock Units							Jun 1, 2021	Class A Common Stock	3K	$0.00	Direct	F2, F5
holding	NXST	Restricted Stock Units							Jun 1, 2021	Class A Common Stock	5K	$0.00	Direct	F2, F6
holding	NXST	Restricted Stock Units							Jun 1, 2021	Class A Common Stock	5K	$0.00	Direct	F2, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	2,500 restricted stock units (RSUs) were awarded on August 18, 2017, of which, 625 RSUs vest at each anniversary of the award through August 18, 2021. As of June 1, 2021, 1,875 RSUs were vested and 625 RSUs are unvested.
F2	The RSUs have no expiration date. However all unvested portion of RSU shall be forfeited and canceled should the awardee be terminated for any reason other than a company change of control. As RSU vests, they are converted into shares of Class A common stock on a one-for-one basis as the vesting date.
F3	7,500 RSUs were awarded on March 15, 2018, of which, 1,875 RSUs vest at each anniversary of the award through March 15, 2022. As of June 1, 2021, 5,625 RSUs were vested and 1,875 RSU's are unvested.
F4	4,000 RSUs were awarded on March 20, 2019, of which, 1,000 RSUs vest at each anniversary of the award through March 20, 2023. As of June 1, 2021, 2,000 RSUs were vested and 2,000 RSU's are unvested.
F5	4,000 RSUs were awarded on April 15, 2020, of which, 1,000 RSUs vest at each anniversary of the award through April 15, 2024. As of June 1, 2021, 1,000 RSUs were vested and 3,000 RSUs are unvested.
F6	5,000 RSUs were awarded on May 17, 2021, of which, 1,250 RSUs vest at each anniversary of the award through May 17, 2025. As of June 1, 2021, 5,000 RSUs are unvested.
F7	5,000 performance-based RSUs ("PSUs") were awarded on May 17, 2021, of which 1,250 PSUs vest at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics. As of June 1, 2021, 5,000 PSUs are unvested.