0001209191-23-034868.txt : 20230606
0001209191-23-034868.hdr.sgml : 20230606
20230606190714
ACCESSION NUMBER: 0001209191-23-034868
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230603
FILED AS OF DATE: 20230606
DATE AS OF CHANGE: 20230606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COMPTON SEAN
CENTRAL INDEX KEY: 0001789629
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50478
FILM NUMBER: 23997370
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
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-06-03
0
0001142417
NEXSTAR MEDIA GROUP, INC.
NXST
0001789629
COMPTON SEAN
545 E. JOHN CARPENTER FREEWAY
IRVING
TX
75062
0
1
0
0
President, Networks
0
Common Stock
2023-06-03
4
M
0
937
156.77
A
10981
D
Common Stock
2023-06-03
4
M
0
937
156.77
A
11918
D
Common Stock
2023-06-06
4
S
0
821
158.8173
D
11097
D
Restricted Stock Units
2023-06-03
4
M
0
937
0.00
D
Common Stock
937
16563
D
Restricted Stock Units
2023-06-03
4
M
0
937
0.00
D
Common Stock
937
15626
D
As restricted stock units ("RSUs") vest, they are converted into shares of Common Stock on a one-for-one basis at the vesting date.
3,750 RSUs were awarded on June 3, 2022, of which 937, 938, 937 and 938 RSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively.
The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
3,750 performance-based RSUs ("PSUs") were awarded on June 3, 2022, of which 937, 938, 937 and 938 PSUs will vest on June 3, 2023, 2024, 2025 and 2026, respectively, subject to the achievement of pre-established company performance metrics. For the 937 PSUs that were scheduled to vest on June 3, 2023, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus the 937 PSUs vested in full on June 3, 2023.
The PSUs have no expiration. However, any and all unvested portion of PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
/s/ Mark Hoyla, Attorney-in-Fact for Sean Compton
2023-06-06