SEC Form 4 · accession 0001209191-17-004612
NEXSTAR MEDIA GROUP, INC. · NXST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C Busch
Officer — President Nexstar Brdcstng Inc
Period of report
Jan 17, 2017
Accepted (ET)
Jan 19, 2017 · 5:25 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 | 50,000 | A | — | — | Class A Common Stock | 50,000 | 110,000 | D |
Explanation of responses
- F112,500 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 Broadcasting Inc. terminate for any reason other than a company change of control.