| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NXST | Common Stock | Options Exercise | $502K | +3.13K | +3.9% | $160.79 | 83.2K | Mar 20, 2023 | Direct | |
| transaction | NXST | Common Stock | Sale | -$506K | -3.13K | -3.76% | $161.92 | 80.1K | Mar 21, 2023 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NXST | Restricted Stock Units | Disposed to Issuer | $0 | -3.13K | -3.48% | $0.00 | 86.7K | Mar 20, 2023 | Common Stock | 3.13K | Direct | F1, F2, F3 | |
| transaction | NXST | Restricted Stock Units | Options Exercise | $0 | -3.13K | -3.6% | $0.00 | 83.6K | Mar 20, 2023 | Common Stock | 3.13K | Direct | F1, F3, F4 |
| 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 | 12,500 performance-based RSUs ("PSUs") were awarded on March 20, 2019, of which 3,125 PSUs vest at each anniversary of the award through March 20, 2023, subject to continued employment and achievement of pre-established performance metrics. For the 3,125 PSUs that were scheduled to vest on March 20, 2023, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were not satisfied, thus, the 3,125 PSUs were forfeited. |
| F3 | The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs and PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. |
| F4 | 12,500 RSUs were awarded on March 20, 2019, of which 3,125 RSUs vest at each anniversary of the award through March 20, 2023. |