4//SEC Filing
Biard Michael 4
Accession 0000950170-24-065410
CIK 0001142417other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 5:37 PM ET
Size
8.7 KB
Accession
0000950170-24-065410
Insider Transaction Report
Form 4
Biard Michael
President & COO
Transactions
- Award
Restricted Stock Units
2024-05-23+10,000→ 10,000 total→ Common Stock (10,000 underlying) - Award
Restricted Stock Units
2024-05-23+10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. Each Performance-based restricted stock unit ("PSU") represents the right to receive, following vesting, between 0% and 200% of one share of Nexstar's Common Stock, subject to the level of achievement of pre-established company performance metrics.
- [F2]10,000 RSUs were awarded on May 23, 2024, of which 2,500 RSUs vest at each anniversary date of the award through May 23, 2028.
- [F3]The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
- [F4]10,000 target PSUs were awarded on May 23, 2024, of which 2,500 PSUs vest at each anniversary date of the award through May 23, 2028, subject to the achievement of the pre-established company performance metric. The indicated number of PSUs assumes 100% vesting at target. The number of shares of Nexstar's Common Stock that may be earned is between 0% and 200% of the target number of PSUs. The actual number of shares of common stock issued at each vesting date may be more or less than the indicated target number.
Documents
Issuer
NEXSTAR MEDIA GROUP, INC.
CIK 0001142417
Entity typeother
Related Parties
1- filerCIK 0001990398
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 5:37 PM ET
- Size
- 8.7 KB