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 | +7.5K | $0.00 | 7.5K | Jun 27, 2022 | Class A Common Stock | 7.5K | Direct | F1, F2, F3 |
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. |