Brophy Karen A 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed May 19, 2021
Insider Transaction Report
Form 4
Brophy Karen A
President, Digital
Transactions
- Award
Restricted Stock Units
2021-05-17+5,000→ 12,875 total→ Class A Common Stock (5,000 underlying) - Award
Restricted Stock Units
2021-05-17+5,000→ 7,875 total→ Class A Common Stock0 (5,000 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]5,000 Restricted Stock Units (RSUs) were awarded on May 17, 2021, of which, 1,250 RSUs vest at each anniversary of the award through May 17, 2025.
- [F3]The RSUs have no expiration. However, 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.
- [F4]5,000 performance-based RSUs ("PSUs") were awarded on May 17, 2021, of which 1,250 PSUs vest at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics.