0000950170-24-075129.txt : 20240618
0000950170-24-075129.hdr.sgml : 20240618
20240618185452
ACCESSION NUMBER: 0000950170-24-075129
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: WEITMAN GARY
CENTRAL INDEX KEY: 0001789720
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50478
FILM NUMBER: 241053527
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
0001789720
WEITMAN GARY
545 E. JOHN CARPENTER FREEWAY
SUITE 700
IRVING
TX
75062
false
true
false
false
See Remarks
false
Common Stock
2024-06-14
4
M
false
656
150.56
A
12343
D
Common Stock
2024-06-14
4
M
false
656
150.56
A
12999
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Common Stock
2024-06-17
4
S
false
522
149.0752
D
12477
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Restricted Stock Units
2024-06-14
4
M
false
656
0
D
Common Stock
656
1969
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Restricted Stock Units
2024-06-14
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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.
2,625 RSUs were awarded on June 14, 2023, of which 656 RSUs vested on June 14, 2024, and, 657, 656 and 656 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.
2,625 PSUs were awarded on June 14, 2023, of which 656 PSUs vested on June 14, 2024, and, 657, 656 and 656 PSUs will vest on June 14, 2025, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metrics. For the 656 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 656 PSUs vested in full on June 14, 2024.
EVP, Chief Communications Officer
/s/ Mark Hoyla, Attorney-in-Fact for Gary Weitman
2024-06-18