Andrew Alford - 18 Aug 2021 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: President, Broadcasting
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Andrew Alford
Issuer symbol: NXST
Transactions as of: 18 Aug 2021
Net transactions value: +$63,918
Form type: 4
Filing time: 19 Aug 2021, 15:14:52 UTC
Previous filing: 10 Jun 2021
Next filing: 17 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXST	Class A Common Stock	Options Exercise	$90,850	+625	+17%	$145.36	4,405	18 Aug 2021	Direct
transaction	NXST	Class A Common Stock	Sale	$26,932	-189	-4.3%	$142.50	4,216	19 Aug 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
transaction	NXST	Restricted Stock Units	Options Exercise	$0	-625	-3.6%	$0.000000	16,875	18 Aug 2021	Class A Common Stock	625		Direct	F1, F2, F3

* 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	2,500 RSUs were awarded on August 18, 2017, of which 625 RSUs vest at each anniversary of the award through August 18, 2021.
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.