Filing Details

Accession Number:
0001209191-21-021587
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 20:04:29
Reporting Period:
2021-03-15
Accepted Time:
2021-03-17 20:04:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1142417 Nexstar Media Group Inc. NXST () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1111909 R Gregory Raifman C/O Nexstar Media Group, Inc.
545 E. John Carpenter Freeway, Suite 700
Irving TX 75062
President Nexstar Digital Llc No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-03-15 5,834 $157.47 42,784 No 4 M Direct
Class A Common Stock Disposition 2021-03-15 2,083 $157.75 40,701 No 4 S Direct
Class A Common Stock Acquisiton 2021-03-15 5,834 $157.47 46,535 No 4 M Direct
Class A Common Stock Disposition 2021-03-15 2,083 $157.75 44,452 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2021-03-15 5,834 $0.00 5,834 $0.00
Class A Common Stock Restricted Stock Units Disposition 2021-03-15 5,834 $0.00 5,834 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
44,584 No 4 M Direct
38,750 No 4 M Direct
Footnotes
  1. As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date.
  2. 17,500 RSUs were awarded on March 15, 2018, of which 5,833, 5,833 and 5,834 restricted stock units vest on March 15, 2019, 2020 and 2021, respectively.
  3. 17,500 performance-based RSUs (PSUs) were awarded on March 15, 2018, of which 5,833, 5,833 and 5,834 PSUs vest on March 15, 2019, 2020 and 2021, respectively, subject to the achievement of pre-established company performance metrics. For the 5,834 PSUs that were scheduled to vest on March 15, 2021, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 5,834 PSUs vested in full on March 15, 2021.