SEC Form 4 · accession 0001209191-16-091639
NEXSTAR MEDIA GROUP, INC. · NXST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Perry A Sook
Officer — CEO & President · Director
Period of report
Jan 14, 2016
Accepted (ET)
Jan 15, 2016 · 12:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001142417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jan 14, 2016 | M | 25,000 | $0.00 | A | 950,956 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Jan 14, 2016 | M | 25,000 | D | Jan 14, 2016 | — | Class A Common Stock | 25,000 | 1,675,000 | D |
Explanation of responses
- F1The shares are held by PS Sook Ltd., which Mr. Sook and his spouse are the beneficial owners.
- F2Vesting of restricted stock units awarded to Mr. Sook on January 14, 2015. 25,000 restricted stock units vest at each anniversary of the award date through January 14, 2019.
- F3As RSUs vest, they are converted to shares of Class A Common Stock on a one-for-one basis at vesting date.