Perry A. Sook - Jan 13, 2022 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
Jan 13, 2022
Transactions value $
-$39,944,854
Form type
4
Date filed
1/14/2022, 03:45 PM
Previous filing
Nov 16, 2021
Next filing
Jan 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Class A Common Stock Options Exercise $2.12M +220K +67.17% $9.60* 549K Jan 13, 2022 Direct
transaction NXST Class A Common Stock Sale -$37.5M -220K -40.18% $170.34 328K Jan 13, 2022 Direct F1
transaction NXST Class A Common Stock Options Exercise $270K +28.1K +8.56% $9.60* 356K Jan 13, 2022 Direct
transaction NXST Class A Common Stock Sale -$4.78M -28.1K -7.88% $170.34 328K Jan 13, 2022 Direct F1
transaction NXST Class A Common Stock Options Exercise $0 0 0% $0.00* 976K Jan 13, 2022 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 -220K -19.64% $0.00 902K Jan 13, 2022 Class A Common Stock 220K $9.60 Direct F3
transaction NXST Stock options Options Exercise $0 -28.1K -3.11% $0.00 874K Jan 13, 2022 Class A Common Stock 28.1K $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 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.
F4 400,000 options were granted on September 11, 2012. These options became exercisable in 100,000 increments each anniversary of the grant date for four years. All options are fully vested as of September 11, 2016.