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

Role
EVP, Station Operations
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Blake Russell
Stock symbol
NXST
Transactions as of
Jun 3, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 06:58 PM
Previous filing
May 19, 2022
Next filing
Dec 23, 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 +5.25K +43.3% $0.00 17.4K Jun 3, 2022 Class A Common Stock 5.25K 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 5,250 RSUs were awarded on June 3, 2022, of which 1,312, 1,313, 1,312 and 1,313 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.