Lisbeth McNabb - 03 Mar 2023 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: Director
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Lisbeth McNabb
Issuer symbol: NXST
Transactions as of: 03 Mar 2023
Net transactions value: -$55.22
Form type: 4
Filing time: 07 Mar 2023, 19:35:08 UTC
Previous filing: 06 Jun 2022
Next filing: 16 Mar 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	$621,405	+13,500	+367%	$46.03	17,175	03 Mar 2023	Direct
transaction	NXST	Common Stock	Tax liability	$621,460	-3,398	-20%	$182.89	13,777	03 Mar 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	-13,500	-85%	$0.000000	2,375	03 Mar 2023	Common Stock	13,500	$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.