Sean Compton - 03 Jun 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Reporting relationship: President, Networks
Issuer ticker: NXST
Reported as of: 03 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 06 Jun 2022, 18:52:35 UTC
Prior SEC filing: 19 May 2022
Next SEC filing: 21 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Mark Hoyla, Attorney-in-Fact for Sean Compton

Key filing fact

Sean Compton filed Form 4 for NEXSTAR MEDIA GROUP, INC. (NXST) on 06 Jun 2022.

Key facts

This page summarizes Sean Compton's Form 4 filing for NEXSTAR MEDIA GROUP, INC. (NXST).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 06 Jun 2022, 18:52.

Change

Previous filing in this sequence was filed on 19 May 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NXST transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +3,750
Change %: +21%
Price: $0.000000
Shares after: 21,250
Date: 03 Jun 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,750
Exercise price
Footnotes: F1, F2, F3

NXST transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +3,750
Change %: +18%
Price: $0.000000
Shares after: 25,000
Date: 03 Jun 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,750
Exercise price
Footnotes: F1, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

3,750 RSUs were awarded on June 3, 2022, of which 937, 938, 937 and 938 RSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively.

Footnote 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.

Footnote F4

3,750 performance-based RSUs ("PSUs") were awarded on June 3, 2022, of which 937, 938, 937 and 938 PSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively, subject to the achievement of pre-established company performance metrics.

Footnote F5

The PSUs have no expiration. However, any and all unvested portion of PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.