Perry A. Sook - 09 Nov 2021 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: Chief Executive Officer, Director
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Perry A. Sook
Issuer symbol: NXST
Transactions as of: 09 Nov 2021
Net transactions value: -$24,204,273
Form type: 4
Filing time: 12 Nov 2021, 15:44:09 UTC
Next filing: 16 Nov 2021
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	$167,040	+17,400	+5.3%	$9.60^*	345,576	09 Nov 2021	Direct
transaction	NXST	Class A Common Stock	Sale	$2,959,373	-17,400	-5%	$170.08	328,176	09 Nov 2021	Direct	F1
transaction	NXST	Class A Common Stock	Options Exercise	$221,760	+23,100	+7%	$9.60^*	351,276	10 Nov 2021	Direct
transaction	NXST	Class A Common Stock	Sale	$3,930,082	-23,100	-6.6%	$170.13	328,176	10 Nov 2021	Direct	F1
transaction	NXST	Class A Common Stock	Options Exercise	$1,058,611	+110,272	+34%	$9.60^*	438,448	11 Nov 2021	Direct
transaction	NXST	Class A Common Stock	Sale	$18,762,229	-110,272	-25%	$170.14	328,176	11 Nov 2021	Direct	F1
transaction	NXST	Class A Common Stock	Options Exercise	$0	0	0%	$0.000000^*	975,956	11 Nov 2021	PS Sook Ltd.	F2

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	Stock options	Options Exercise	$0	-17,400	-1.2%	$0.000000	1,484,683	09 Nov 2021	Class A Common Stock	17,400	$9.60	Direct	F3
transaction	NXST	Stock options	Options Exercise	$0	-23,100	-1.6%	$0.000000	1,461,583	10 Nov 2021	Class A Common Stock	23,100	$9.60	Direct	F3
transaction	NXST	Stock options	Options Exercise	$0	-110,272	-7.5%	$0.000000	1,351,311	11 Nov 2021	Class A Common Stock	110,272	$9.60	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Sold by Mr. Sook pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2	The 975,956 shares of common stock owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners.
F3	176,000 options were granted on September 11, 2012. These options became exercisable in 44,000 increments each anniversary of the grant date for four years. All options are fully vested as of September 11, 2016.