GARY WEITMAN - 19 Sep 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
EVP/Chief Communications Officer
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Gary Weitman
Issuer symbol
NXST
Transactions as of
19 Sep 2022
Net transactions value
+$83,289
Form type
4
Filing time
21 Sep 2022, 20:06:27 UTC
Previous filing
29 Jun 2022
Next filing
12 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $119,975 +625 +22% $191.96 3,408 19 Sep 2022 Direct
transaction NXST Common Stock Sale $36,686 -192 -5.6% $191.07 3,216 20 Sep 2022 Direct

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 Options Exercise $0 -625 -3.7% $0.000000 16,125 19 Sep 2022 Common Stock 625 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 Common Stock on a one-for-one basis at the vesting date.
F2 2,500 RSUs were awarded on September 19, 2019, of which, 625 RSUs vest at each anniversary of the award through September 19, 2023.
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.

Remarks:

EVP/Chief Communications Officer