Perry A. Sook - Nov 12, 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
Stock symbol
NXST
Transactions as of
Nov 12, 2021
Transactions value $
-$36,828,452
Form type
4
Date filed
11/16/2021, 04:29 PM
Previous filing
Nov 12, 2021
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Class A Common Stock Options Exercise $242K +25.2K +7.69% $9.60* 353K Nov 12, 2021 Direct
transaction NXST Class A Common Stock Sale -$4.3M -25.2K -7.14% $170.60 328K Nov 12, 2021 Direct F1
transaction NXST Class A Common Stock Options Exercise $229K +23.9K +7.27% $9.60* 352K Nov 12, 2021 Direct
transaction NXST Class A Common Stock Sale -$4.07M -23.9K -6.78% $170.60 328K Nov 12, 2021 Direct F1
transaction NXST Class A Common Stock Options Exercise $1.73M +180K +54.76% $9.60* 508K Nov 15, 2021 Direct
transaction NXST Class A Common Stock Sale -$30.6M -180K -35.38% $170.55 328K Nov 15, 2021 Direct F1
transaction NXST Class A Common Stock Options Exercise $0 0 0% $0.00* 976K Nov 15, 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 -25.2K -1.87% $0.00 1.33M Nov 12, 2021 Class A Common Stock 25.2K $9.60 Direct F3
transaction NXST Stock options Options Exercise $0 -23.9K -1.8% $0.00 1.3M Nov 12, 2021 Class A Common Stock 23.9K $9.60 Direct F4
transaction NXST Stock options Options Exercise $0 -180K -13.8% $0.00 1.12M Nov 15, 2021 Class A Common Stock 180K $9.60 Direct F4
* 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.
F4 424,000 options were granted on September 11, 2012. These options became exercisable in 106,000 increments each anniversary of the grant date for four years. All options are fully vested as of September 11, 2016.