SEC Form 4 · accession 0001209191-18-020199
NEXSTAR MEDIA GROUP, INC. · NXST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Sally
Officer — See Remarks
Period of report
Mar 15, 2018
Accepted (ET)
Mar 16, 2018 · 4:38 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 | 33,125 | 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 restricted stock units shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
Remarks
Sr. VP, Regional Manager, Nexstar Broadcasting Inc.