SEC Form 4 · accession 0001209191-17-004462
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 17, 2017
Accepted (ET)
Jan 19, 2017 · 4:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001142417
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | $0.00 | Jan 17, 2017 | A | 100,000 | A | — | — | Class A Common Stock | 100,000 | 1,725,000 | D |
| Restricted Stock UnitsF3,F2 | $0.00 | Jan 17, 2017 | A | 50,000 | A | — | — | Class A Common Stock | 50,000 | 1,775,000 | D |
Explanation of responses
- F125,000 Restricted Stock Units ("RSUs") will vest over four years beginning January 17, 2018.
- F2The RSUs have no expiration. However, all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment with Nexstar Media Group, Inc. (the "Company") terminate for any reason other than a Company change of control.
- F325,000 Restricted Stock Units ("RSUs") will vest over two years beginning January 17, 2018.