PERRY A. SOOK - 13 Jan 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
Issuer symbol
NXST
Transactions as of
13 Jan 2022
Net transactions value
-$39,944,854
Form type
4
Filing time
14 Jan 2022, 15:45:08 UTC
Previous filing
16 Nov 2021
Next filing
19 Jan 2022
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 $2,116,118 +220,429 +67% $9.60* 548,605 13 Jan 2022 Direct
transaction NXST Class A Common Stock Sale $37,547,876 -220,429 -40% $170.34 328,176 13 Jan 2022 Direct F1
transaction NXST Class A Common Stock Options Exercise $269,539 +28,077 +8.6% $9.60* 356,253 13 Jan 2022 Direct
transaction NXST Class A Common Stock Sale $4,782,636 -28,077 -7.9% $170.34 328,176 13 Jan 2022 Direct F1
transaction NXST Class A Common Stock Options Exercise $0 0 0% $0.000000* 975,956 13 Jan 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 -220,429 -20% $0.000000 902,083 13 Jan 2022 Class A Common Stock 220,429 $9.60 Direct F3
transaction NXST Stock options Options Exercise $0 -28,077 -3.1% $0.000000 874,006 13 Jan 2022 Class A Common Stock 28,077 $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.