Karen A. Brophy - Mar 20, 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
President, Digital
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Karen A. Brophy
Stock symbol
NXST
Transactions as of
Mar 20, 2022
Transactions value $
$37,479
Form type
4
Date filed
3/22/2022, 09:27 PM
Previous filing
Mar 2, 2022
Next filing
Apr 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 $58.5K +313 +100% $187.06 626 Mar 20, 2022 Direct
transaction NXST Class A Common Stock Sale -$21.1K -112 -17.89% $188.13 514 Mar 22, 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 -313 -2.43% $0.00 12.6K Mar 20, 2022 Class A Common Stock 313 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 1,250 RSUs were awarded on March 20, 2019, of which 312, 313, 312, and 313 RSUs vest at each anniversary of the award beginning on March 20, 2020 through March 20, 2023, respectively.
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.