SEC Form 4 · accession 0001209191-18-020232
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 15, 2018
Accepted (ET)
Mar 16, 2018 · 4:51 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 | 150,000 | A | — | — | Class A Common Stock | 150,000 | 1,500,000 | D |
Explanation of responses
- F125,000 restricted stock units will vest annually beginning on March 15, 2019 until March 15, 2021. An additional 25,000 restricted stock units will vest annually beginning on March 15, 2019 until March 15, 2021, 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.