Thomas Carter - Dec 9, 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: President and COO
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Thomas Carter
Stock symbol: NXST
Transactions as of: Dec 9, 2022
Transactions value $: -$1,371,549
Form type: 4
Date filed: 12/13/2022, 10:01 AM
Previous filing: Dec 1, 2022
Next filing: Mar 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXST	Common Stock	Options Exercise	$460K	+10K	+12.49%	$46.03	90.1K	Dec 9, 2022	Direct
transaction	NXST	Common Stock	Sale	-$1.83M	-10K	-11.1%	$183.18	80.1K	Dec 9, 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	Stock options	Options Exercise	$0	-10K	-9.88%	$0.00	91.3K	Dec 9, 2022	Common Stock	10K	$46.03	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	75,000 options were granted on January 15, 2014. These options became exercisable in 18,750 increments each anniversary of the grant date for four years. All options are fully vested as of January 15, 2018.