13G Filing: Park West Asset Management and Nexstar Media Group Inc. (NXST)

 * Beneficial
ownership percentage is based upon 46,218,124 shares
of Class A Common Stock, $0.01 par value per share (“Common Stock”), of Nexstar Media Group, Inc., a Delaware corporation
(the “Company”), issued and outstanding as of August 7, 2017, based on information reported by the Company in its
Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 9, 2017. Park West Asset Management
LLC (“PWAM”) is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company
(“PWIMF”), and Park West Partners International, Limited, a Cayman Islands exempted company (“PWPI” and,
collectively with PWIMF, the “PW Funds”), and Peter S. Park (“Mr. Park” and, collectively with PWAM, the
“Reporting Persons”) is the sole member and manager of PWAM. As of September 7, 2017, PWIMF held 1,302,335 shares
of Common Stock of the Company and options to purchase up to 887,200 shares of Common Stock of the Company and PWPI held 161,647
shares of Common Stock of the Company and options to purchase up to 112,800 shares of Common Stock of the Company. As a result
of the foregoing, for purposes of Reg. Section 240.13d-3, the Reporting Persons may be deemed to beneficially own the 1,463,982
shares of Common Stock of the Company and the 1,000,000 shares of Common Stock of the Company underlying the options held in the
aggregate by the PW Funds, or 5.2% of the shares of Common Stock of the Company deemed to be issued and outstanding as of September
7, 2017.