Dana Zimmer - Sep 19, 2021 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP and Chief Distribution and Strategy Officer
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Dana Zimmer
Stock symbol
NXST
Transactions as of
Sep 19, 2021
Transactions value $
$195,379
Form type
4
Date filed
9/21/2021, 05:48 PM
Previous filing
May 24, 2021
Next filing
Nov 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Class A Common Stock Options Exercise $364K +2.5K +139.51% $145.79 4.29K Sep 19, 2021 Direct
transaction NXST Class A Common Stock Sale -$169K -1.15K -26.75% $147.30 3.14K Sep 21, 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 -2.5K -10% $0.00 22.5K Sep 19, 2021 Class A Common Stock 2.5K 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 10,000 RSUs were awarded on September 19, 2019, of which, 2,500 RSUs vest at each anniversary of the award through September 19, 2023.
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.

Remarks:

EVP and Chief Distribution and Strategy Officer