SEC Form 4 · accession 0001209191-18-004478
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, 2018
Accepted (ET)
Jan 19, 2018 · 12:42 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 17, 2018 | M | 25,000 | — | A | 1,045,708 | I | See Footnote |
| Class A Common StockF2 | Jan 17, 2018 | F | 10,488 | $79.80 | D | 1,035,220 | I | See Footnote |
| Class A Common StockF1,F2 | Jan 17, 2018 | M | 25,000 | — | A | 1,060,220 | I | See Footnote |
| Class A Common StockF2 | Jan 17, 2018 | F | 10,488 | $79.80 | D | 1,049,732 | 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 17, 2018 | M | 25,000 | D | — | — | Class A Common Stock | 25,000 | 1,400,000 | D |
| Restricted Stock UnitsF1,F4 | — | Jan 17, 2018 | M | 25,000 | D | — | — | Class A Common Stock | 25,000 | 1,375,000 | 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 17, 2017. 25,000 restricted stock units vest at each anniversary of the award through January 17, 2021.
- F4Restricted stock units awarded on January 17, 2017. 25,000 restricted stock units vest at each anniversary of the award through January 17, 2019.