4//SEC Filing
Brophy Karen A 4
Accession 0001209191-22-030359
CIK 0001142417other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 12:26 PM ET
Size
13.3 KB
Accession
0001209191-22-030359
Insider Transaction Report
Form 4
Brophy Karen A
President, Digital
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-17$178.48/sh+1,250$223,100→ 2,232 total - Exercise/Conversion
Class A Common Stock
2022-05-17$178.48/sh+1,250$223,100→ 3,482 total - Sale
Class A Common Stock
2022-05-18$173.86/sh−1,149$199,763→ 2,333 total - Exercise/Conversion
Restricted Stock Units
2022-05-17−1,250→ 10,562 total→ Class A Common Stock (1,250 underlying) - Exercise/Conversion
Restricted Stock Units
2022-05-17−1,250→ 9,312 total→ Class A Common Stock (1,250 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 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, 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.
- [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. For the 1,250 PSUs that were scheduled to vest on May 17, 2022, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 1,250 PSUs vested in full on May 17, 2022.
Documents
Issuer
NEXSTAR MEDIA GROUP, INC.
CIK 0001142417
Entity typeother
Related Parties
1- filerCIK 0001833167
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 12:26 PM ET
- Size
- 13.3 KB