Perry A. Sook - 12 Nov 2021 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Signature
/s/ Mark Hoyla, Attorney-in-Fact for Perry A. Sook
Issuer symbol
NXST
Transactions as of
12 Nov 2021
Net transactions value
-$36,828,452
Form type
4
Filing time
16 Nov 2021, 16:29:16 UTC
Previous filing
12 Nov 2021
Next filing
14 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Class A Common Stock Options Exercise $242,189 +25,228 +7.7% $9.60* 353,404 12 Nov 2021 Direct
transaction NXST Class A Common Stock Sale $4,304,020 -25,228 -7.1% $170.60 328,176 12 Nov 2021 Direct F1
transaction NXST Class A Common Stock Options Exercise $229,171 +23,872 +7.3% $9.60* 352,048 12 Nov 2021 Direct
transaction NXST Class A Common Stock Sale $4,072,680 -23,872 -6.8% $170.60 328,176 12 Nov 2021 Direct F1
transaction NXST Class A Common Stock Options Exercise $1,725,110 +179,699 +55% $9.60* 507,875 15 Nov 2021 Direct
transaction NXST Class A Common Stock Sale $30,648,222 -179,699 -35% $170.55 328,176 15 Nov 2021 Direct F1
transaction NXST Class A Common Stock Options Exercise $0 0 0% $0.000000* 975,956 15 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 -25,228 -1.9% $0.000000 1,326,083 12 Nov 2021 Class A Common Stock 25,228 $9.60 Direct F3
transaction NXST Stock options Options Exercise $0 -23,872 -1.8% $0.000000 1,302,211 12 Nov 2021 Class A Common Stock 23,872 $9.60 Direct F4
transaction NXST Stock options Options Exercise $0 -179,699 -14% $0.000000 1,122,512 15 Nov 2021 Class A Common Stock 179,699 $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.