Geoffrey Armstrong - Jun 3, 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Geoffrey Armstrong
Stock symbol
NXST
Transactions as of
Jun 3, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 06:20 PM
Previous filing
May 19, 2022
Next filing
Jun 17, 2022

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 Award $0 +750 +46.15% $0.00 2.38K Jun 3, 2022 Class A Common Stock 750 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 750 RSUs were awarded on June 3, 2022, all of which will fully vest on June 3, 2023.
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.