0000950170-24-097446.txt : 20240815
0000950170-24-097446.hdr.sgml : 20240815
20240815121740
ACCESSION NUMBER: 0000950170-24-097446
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240813
FILED AS OF DATE: 20240815
DATE AS OF CHANGE: 20240815
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gliha Lee Ann
CENTRAL INDEX KEY: 0001878264
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50478
FILM NUMBER: 241211299
MAIL ADDRESS:
STREET 1: 545 E. JOHN CARPENTER FREEWAY
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
2024-08-13
0001142417
NEXSTAR MEDIA GROUP, INC.
NXST
0001878264
Gliha Lee Ann
545 E. JOHN CARPENTER FREEWAY
IRVING
TX
75062
false
true
false
false
EVP, Chief Financial Officer
false
Common Stock
2024-08-13
4
M
false
1250
0
A
7841
D
Common Stock
2024-08-13
4
M
false
1250
0
A
9091
D
Common Stock
2024-08-14
4
S
false
984
157.633
D
8107
D
Restricted Stock Units
2024-08-13
4
M
false
1250
0
D
Common Stock
1250
1250
D
Restricted Stock Units
2024-08-13
4
M
false
1250
0
D
Common Stock
1250
1250
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.
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 RSUs and PSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
5,000 RSUs were awarded on August 13, 2021, of which 1,250 RSUs vest at each anniversary of the award through August 13, 2025.
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.
5,000 PSUs were awarded on August 13, 2021, of which 1,250 PSUs vest at each anniversary of the award through August 13, 2025, subject to the achievement of pre-established company performance metrics. For the 1,250 PSUs that vested on August 13, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied. Thus, the 1,250 PSUs vested in full on August 13, 2024.
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha
2024-08-15