SEC Form 4 · accession 0001209191-18-020097
NEXSTAR MEDIA GROUP, INC. · NXST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Michael Vaughn
Officer — See Remarks
Period of report
Mar 15, 2018
Accepted (ET)
Mar 16, 2018 · 12:20 pm EDT
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 | Mar 15, 2018 | A | 7,500 | A | — | — | Class A Common Stock | 7,500 | 30,125 | D |
Explanation of responses
- F11,875 Restricted Stock Units ("RSUs") will vest annually over four years, beginning March 15, 2019.
- F2The restricted stock units have no expiration. However, all unvested portion of the restricted stock units will be forfeited and cancelled should the awardee's employment with Nexstar Broadcasting Group, Inc. (the "Company") terminate, other than a Company change in control.
Remarks
Sr.VP, Regional Manager, Nexstar Broadcasting Inc.