SEC Form 4 · accession 0001209191-18-020216
NEXSTAR MEDIA GROUP, INC. · NXST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C Busch
Officer — See Remarks
Period of report
Mar 15, 2018
Accepted (ET)
Mar 16, 2018 · 4:44 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 | 50,000 | A | — | — | Class A Common Stock | 50,000 | 137,500 | D |
Explanation of responses
- F18,333, 8,333 and 8,334 restricted stock units will vest on March 15, 2019, 2020 and 2021, respectively. Additionally, 8,333, 8,333 and 8,334 restricted stock units will vest on March 15, 2019, 2020 and 2021, respectively, subject to company performance metrics.
- 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
President Nexstar Broadcastng Inc