Dennis J. Fitzsimons - Mar 15, 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Dennis Fitzsimons
Stock symbol
NXST
Transactions as of
Mar 15, 2022
Transactions value $
$112,344
Form type
4
Date filed
3/16/2022, 02:56 PM
Previous filing
May 19, 2021
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Class A Common Stock Options Exercise $112K +625 +4.27% $179.75 15.3K Mar 15, 2022 Direct

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 Restricted Stock Units Options Exercise $0 -625 -14.71% $0.00 3.63K Mar 15, 2022 Class A Common Stock 625 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date.
F2 2,500 RSUs were awarded on March 15, 2018, of which 625 RSUs vest at each anniversary of the award through March 15, 2022.
F3 The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.