SEC Form 4 · accession 0001209191-17-017924
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:02 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 | Mar 1, 2017 | M | 25,000 | — | A | 1,015,231 | I | See Footnote (2) |
| Class A Common StockF2 | Mar 3, 2017 | S | 10,833 | $70.64 | D | 1,004,398 | I | See Footnote (2 |
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 | — | Mar 1, 2017 | M | 25,000 | D | — | — | Class A Common Stock | 25,000 | 1,750,000 | 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 annually, beginning on March 1, 2016 through March 1, 2019.