Strober Michael 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
Strober Michael
EVP, Chief Revenue Officer
Transactions
- Award
Restricted Stock Units
2023-06-14+2,625→ 12,625 total→ Common Stock (2,625 underlying)
Footnotes (3)
- [F1]As performance based restricted stock units ("PSUs") vest, they are converted into shares of Common Stock on a one-for-one basis at the vesting date.
- [F2]2,625 PSUs were awarded on June 14, 2023, of which 656, 657, 656 and 656 PSUs vest on June 14, 2024, 2025, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metric.
- [F3]The PSUs have no expiration. However, any and all unvested portion of PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.