0000950170-23-038233.txt : 20230803 0000950170-23-038233.hdr.sgml : 20230803 20230803185838 ACCESSION NUMBER: 0000950170-23-038233 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230801 FILED AS OF DATE: 20230803 DATE AS OF CHANGE: 20230803 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SOOK PERRY A CENTRAL INDEX KEY: 0001250261 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50478 FILM NUMBER: 231141722 MAIL ADDRESS: STREET 1: 545 E. JOHN CARPENTER FREEWAY STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75062 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NEXSTAR MEDIA GROUP, INC. CENTRAL INDEX KEY: 0001142417 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 233083125 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 545 EAST JOHN CARPENTER FREEWAY STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75062 BUSINESS PHONE: 972-373-8800 MAIL ADDRESS: STREET 1: 545 EAST JOHN CARPENTER FREEWAY STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75062 FORMER COMPANY: FORMER CONFORMED NAME: NEXSTAR BROADCASTING GROUP INC DATE OF NAME CHANGE: 20010611 4 1 ownership.xml 4 X0508 4 2023-08-01 0001142417 NEXSTAR MEDIA GROUP, INC. NXST 0001250261 SOOK PERRY A C/O NEXSTAR MEDIA GROUP, INC. 545 E. JOHN CARPENTER FREEWAY, SUITE 700 IRVING TX 75062 true true false false Chief Executive Officer false Common Stock 2023-08-01 4 M false 62500 182.19 A 612590 D Common Stock 2023-08-01 4 F false 24594 182.19 D 587996 D Common Stock 2023-08-01 4 M false 0 0 A 975956 I PS Sook Ltd. Restricted Stock Units 2023-08-01 4 M false 31250 0 D Common Stock 62500 338650 D The 975,956 shares of common stock owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners. Each time-based restricted stock units ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. Each Performance-based restricted stock unit ("PSU") represents the right to receive, following vesting, between 0% and 200% of one share of Nexstar's Common Stock, subject to the level of achievement of pre-established company performance metrics. 62,500 target PSUs were awarded on August 1, 2022, of which 31,250 PSUs will vest on August 1, 2023 and 31,250 PSUs will vest on August 1, 2024, subject to the achievement of the pre-established company performance metric. The indicated number of PSUs assumes 100% vesting at target. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs. The Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions to receive 200% of the target number of PSUs were satisfied, thus, the 62,500 PSUs vested on August 1, 2023. The PSUs have no expiration and are subject to accelerated vesting in the event of termination of the Reporting Person's employment under certain circumstances, including change in control, a reason by the Company other than for cause, or for good reason. /s/ Mark Hoyla, Attorney-in-Fact for Perry A. Sook 2023-08-03