4//SEC Filing
RAIFMAN GREGORY R 4
Accession 0001209191-21-022680
CIK 0001142417other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 7:04 PM ET
Size
14.9 KB
Accession
0001209191-21-022680
Insider Transaction Report
Form 4
RAIFMAN GREGORY R
President Nexstar Digital LLC
Transactions
- Sale
Class A Common Stock
2021-03-23$151.36/sh−755$114,277→ 46,691 total - Exercise/Conversion
Restricted Stock Units
2021-03-20−1,875→ 35,000 total→ Class A Common Stock (1,875 underlying) - Exercise/Conversion
Class A Common Stock
2021-03-20$154.84/sh+1,875$290,325→ 46,327 total - Sale
Class A Common Stock
2021-03-23$151.36/sh−756$114,428→ 45,571 total - Exercise/Conversion
Class A Common Stock
2021-03-20$154.84/sh+1,875$290,325→ 47,446 total - Exercise/Conversion
Restricted Stock Units
2021-03-20−1,875→ 36,875 total→ Class A Common Stock (1,875 underlying)
Footnotes (4)
- [F1]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.
- [F2]7,500 RSUs were awarded on March 20, 2019, of which 1,875 RSUs vest at each anniversary of the award through March 20, 2023.
- [F3]The RSUs/PSUs have no expiration. However, 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]7,500 performance-based RSUs ("PSUs") were awarded on March 20, 2019, of which 1,875 PSUs vest at each anniversary of the award through March 20, 2023, subject to the achievement of pre-established company performance metrics. For the 1,875 PSUs that were scheduled to vest on March 20, 2021, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 1,875 PSUs were vested in full on March 20, 2021.
Documents
Issuer
NEXSTAR MEDIA GROUP, INC.
CIK 0001142417
Entity typeother
Related Parties
1- filerCIK 0001111909
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 7:04 PM ET
- Size
- 14.9 KB