Accession Number: | 0001209191-20-019873 |
Date: | 2020-03-15 |
Issuer: | NEXSTAR MEDIA GROUP, INC. (NXST) |
Original Submission Date: |
SOOK PERRY A
C/O NEXSTAR MEDIA GROUP, INC.
545 E. JOHN CARPENTER FREEWAY, SUITE 700
IRVING, TX 75062
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2020-03-15 | M | 25,000 | a | $0.00 | 1,208,401 | indirect | f2 | |
CLASS A COMMON STOCK | 2020-03-15 | M | 25,000 | a | $0.00 | 1,233,401 | indirect | f2 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2020-03-15 | deemed execution date | M | 25,000 (d) | class a common stock 25,000 | $0.00 | 1,576,042 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2020-03-15 | deemed execution date | M | 25,000 (d) | class a common stock 25,000 | $0.00 | 1,551,042 | direct |
ID | footnote |
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f1 | as restricted stock units vest, they are converted into shares of class a common stock on a one-for-one basis at the vesting date. |
f2 | the shares are held by ps sook ltd., for which mr. sook and his spouse are the beneficial owners. |
f3 | 75,000 restricted stock units awarded on march 15, 2018. 25,000 restricted stock units vest at each anniversary of the award through march 15, 2021. |
f4 | 75,000 performance-based restricted stock units (psus) were awarded on march 15, 2018. 25,000 restricted stock units vest at each anniversary of the award through march 15, 2021, subject to the achievement of pre-established company performance metrics. for the 25,000 psus that were scheduled to vest on march 15, 2020, the compensation committee of nexstar's board of directors performed an assessment and determined that the conditions were satisfied, thus, the 25,000 psus vested in full on march 15, 2020. |