Rachel Morgan - 27 Jun 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP General Counsel
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Rachel Morgan
Issuer symbol
NXST
Transactions as of
27 Jun 2022
Net transactions value
$0
Form type
4
Filing time
27 Jun 2022, 18:54:57 UTC
Previous filing
27 Jun 2022
Next filing
16 Jun 2023
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 +7,500 $0.000000 7,500 27 Jun 2022 Class A Common Stock 7,500 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 7,500 RSUs were awarded on June 27, 2022, of which 3,750 RSUs vest at each anniversary date of the award through June 27, 2024.
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.