0000950170-24-075106.txt : 20240618
0000950170-24-075106.hdr.sgml : 20240618
20240618183659
ACCESSION NUMBER: 0000950170-24-075106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240614
FILED AS OF DATE: 20240618
DATE AS OF CHANGE: 20240618
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COMPTON SEAN
CENTRAL INDEX KEY: 0001789629
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50478
FILM NUMBER: 241053473
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]
ORGANIZATION NAME: 06 Technology
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
2024-06-14
0001142417
NEXSTAR MEDIA GROUP, INC.
NXST
0001789629
COMPTON SEAN
545 E. JOHN CARPENTER FREEWAY
IRVING
TX
75062
false
true
false
false
President, Networks
false
Common Stock
2024-06-14
4
M
false
938
150.56
A
14516
D
Common Stock
2024-06-14
4
M
false
938
150.56
A
15454
D
Common Stock
2024-06-17
4
S
false
840
149.0752
D
14614
D
Restricted Stock Units
2024-06-14
4
M
false
938
0
D
Common Stock
938
2812
D
Restricted Stock Units
2024-06-14
4
M
false
938
0
D
Common Stock
938
2812
D
The sale reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
Each time-based RSU is converted into one share of Nexstar's Common Stock at the vesting date. Each PSU represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics.
3,750 RSUs were awarded on June 14, 2023, of which 938 RSUs vested on June 14, 2024, and, 937, 938 and 937 RSUs will vest on June 14, 2025, 2026 and 2027, respectively.
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.
3,750 PSUs were awarded on June 14, 2023, of which 938 PSUs vested on June 14, 2024, and, 937, 938 and 937 PSUs will vest on June 14, 2025, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metrics. For the 938 PSUs that vested on June 14, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus the 938 PSUs vested in full on June 14, 2024.
/s/ Mark Hoyla, Attorney-in-Fact for Sean Compton
2024-06-18