Lee Ann Gliha - Aug 13, 2021 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP, Chief Financial Officer
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha
Stock symbol
NXST
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/13/2021, 05:42 PM
Previous filing
Aug 13, 2021
Next filing
Jun 6, 2022

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 Award $0 +5K $0.00 5K Aug 13, 2021 Class A Common Stock 5K Direct F1, F2, F3
transaction NXST Restricted Stock Units Award $0 +5K +100% $0.00 10K Aug 13, 2021 Class A Common Stock 5K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date.
F2 5,000 RSUs were awarded on August 13, 2021, of which, 1,250 RSUs vest at each anniversary of the award through August 13, 2025.
F3 The RSUs have no expiration. However, 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.
F4 5,000 performance-based RSUs ("PSUs") were awarded on August 13, 2021, of which 1,250 PSUs vest at each anniversary of the award through August 13, 2025, subject to the achievement of pre-established company performance metrics.
F5 The PSUs have no expiration. However, 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.