Strober Michael 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Jan 5, 2024
Insider Transaction Report
Form 4
Strober Michael
EVP, Chief Revenue Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-01-03−3,333→ 9,292 total→ Common Stock (3,333 underlying) - Exercise/Conversion
Common Stock
2024-01-03$156.73/sh+3,333$522,381→ 3,333 total - Tax Payment
Common Stock
2024-01-03$156.73/sh−1,257$197,010→ 2,076 total
Footnotes (3)
- [F1]Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
- [F2]6,666 RSUs were awarded on January 3, 2023, of which, 3,333, 1,666 and 1,667 RSUs vest at each anniversary of the award through January 3, 2026.
- [F3]The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.