0000950170-23-050049.txt : 20230927
0000950170-23-050049.hdr.sgml : 20230927
20230927095951
ACCESSION NUMBER: 0000950170-23-050049
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230925
FILED AS OF DATE: 20230927
DATE AS OF CHANGE: 20230927
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Carter Thomas
CENTRAL INDEX KEY: 0001470437
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50478
FILM NUMBER: 231282193
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
2023-09-25
0001142417
NEXSTAR MEDIA GROUP, INC.
NXST
0001470437
Carter Thomas
C/O NEXSTAR MEDIA GROUP, INC.
545 E. JOHN CARPENTER FREEWAY, SUITE 700
IRVING
TX
75062
true
Senior Advisor
false
Common Stock
2023-09-25
4
M
false
12500
136.96
A
89420
D
Common Stock
2023-09-25
4
F
false
4919
136.96
D
84501
D
Common Stock
2023-09-25
4
M
false
12500
136.96
A
97001
D
Common Stock
2023-09-25
4
F
false
4919
136.96
D
92082
D
Restricted Stock Units
2023-09-25
4
M
false
12500
0
D
Common Stock
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41099
D
Restricted Stock Units
2023-09-25
4
M
false
12500
0
D
Common Stock
12500
28599
D
Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics.
37,500 PSUs were awarded on September 25, 2020, of which 12,500 PSUs vest at each anniversary of the award through September 25, 2023, subject to the achievement of pre-established company performance metrics. For the 12,500 PSUs that were scheduled to vest on September 25, 2023, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus, the 12,500 PSUs vested in full on September 25, 2023.
The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
37,500 RSUs were awarded on September 25, 2020, of which, 12,500 RSUs vest at each anniversary of the award through September 25, 2023.
/s/ Mark Hoyla, Attorney-in-Fact for Thomas Carter
2023-09-27