Lee Ann Gliha - 03 Jun 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP, Chief Financial Officer
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha
Issuer symbol
NXST
Transactions as of
03 Jun 2022
Net transactions value
$0
Form type
4
Filing time
06 Jun 2022, 18:56:03 UTC
Previous filing
13 Aug 2021
Next filing
16 Aug 2022
SEC
View on sec.gov

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 +2,625 +26% $0.000000 12,625 03 Jun 2022 Class A Common Stock 2,625 Direct F1, F2, F3
transaction NXST Restricted Stock Units Award $0 +2,625 +21% $0.000000 15,250 03 Jun 2022 Class A Common Stock 2,625 Direct F1, F4, F5
* 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 2,625 RSUs were awarded on June 3, 2022, of which 656, 656, 656 and 657 RSUs will vest on June 3, 2023, 2024, 2025 and 2026, 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.
F4 2,625 performance-based RSUs ("PSUs") were awarded on June 3, 2022, of which 656, 656, 656 and 657 PSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively, subject to the achievement of pre-established company performance metrics.
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.