Lisbeth McNabb - Mar 3, 2023 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: Director
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Lisbeth McNabb
Stock symbol: NXST
Transactions as of: Mar 3, 2023
Transactions value $: -$55
Form type: 4
Date filed: 3/7/2023, 07:35 PM
Previous filing: Jun 6, 2022
Next filing: Mar 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXST	Common Stock	Options Exercise	$621K	+13.5K	+367.35%	$46.03	17.2K	Mar 3, 2023	Direct
transaction	NXST	Common Stock	Tax liability	-$621K	-3.4K	-19.78%	$182.89	13.8K	Mar 3, 2023	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	-13.5K	-85.04%	$0.00	2.38K	Mar 3, 2023	Common Stock	13.5K	$46.03	Direct	F1

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

Explanation of Responses:

Id	Content
F1	20,000 options were granted on January 15, 2014. These options became exercisable in 5,000 increments each anniversary of the grant date for four years. All options are fully vested as of January 15, 2018.