4//SEC Filing
Biard Michael 4
Accession 0000950170-24-099937
CIK 0001142417other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 5:23 PM ET
Size
9.0 KB
Accession
0000950170-24-099937
Insider Transaction Report
Form 4
Biard Michael
President & COO
Transactions
- Exercise/Conversion
Common Stock
2024-08-21+6,250→ 6,250 total - Exercise/Conversion
Restricted Stock Units
2024-08-21−6,250→ 18,750 total→ Common Stock (6,250 underlying) - Sale
Common Stock
2024-08-22$169.28/sh−2,458$416,095→ 3,792 total
Footnotes (4)
- [F1]Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
- [F2]The sale reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F3]25,000 RSUs were awarded on August 21, 2023, of which 6,250 RSUs vest at each anniversary of the award through August 21, 2027.
- [F4]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.
Documents
Issuer
NEXSTAR MEDIA GROUP, INC.
CIK 0001142417
Entity typeother
Related Parties
1- filerCIK 0001990398
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 5:23 PM ET
- Size
- 9.0 KB