SEC Form 4 · accession 0001209191-17-003919
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, 2017
Accepted (ET)
Jan 17, 2017 · 5:24 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,F2 | Jan 14, 2017 | M | 25,000 | — | A | 1,000,956 | I | See Footnote |
| Class A Common StockF2 | Jan 15, 2017 | S | 10,725 | $62.2556 | D | 990,231 | 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 UnitsF1,F3 | — | Jan 14, 2017 | M | 25,000 | D | — | — | Class A Common Stock | 25,000 | 1,625,000 | D |
Explanation of responses
- F1As restricted stock units vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date.
- F2The shares are held by PS Sook Ltd., for which Mr. Sook and his spouse are the beneficial owners.
- F3Restricted Stock Units awarded on January 14, 2015. 25,000 Restricted Stock Units vest at each anniversary of the award through January 14, 2019.