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4//SEC Filing

RAIFMAN GREGORY R 4

Accession 0001209191-20-019874

CIK 0001142417other

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 9:54 PM ET

Size

10.0 KB

Accession

0001209191-20-019874

Insider Transaction Report

Form 4
Period: 2020-03-15
RAIFMAN GREGORY R
President Nexstar Digital LLC
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2020-03-155,83357,501 total
    Class A Common Stock (5,833 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2020-03-15+5,83329,971 total
  • Disposition to Issuer

    Restricted Stock Units

    2020-03-155,83351,668 total
    Class A Common Stock (5,833 underlying)
Footnotes (3)
  • [F1]As restricted stock units vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date.
  • [F2]17,500 Restricted stock units awarded on March 15, 2018. 5,833, 5,833 and 5,834 restricted stock units vest on March 15, 2019, 2020 and 2021, respectively.
  • [F3]17,500 performance-based restricted stock units (PSUs) were awarded on March 15, 2018. 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 5,833 PSUs that were scheduled to vest on March 15, 2020, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were not satisfied, thus, the 5,833 PSUs were forfeited.

Issuer

NEXSTAR MEDIA GROUP, INC.

CIK 0001142417

Entity typeother

Related Parties

1
  • filerCIK 0001111909

Filing Metadata

Form type
4
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 9:54 PM ET
Size
10.0 KB