Accession Number: | 0001209191-20-020825 |
Date: | 2020-03-20 |
Issuer: | NEXSTAR MEDIA GROUP, INC. (NXST) |
Original Submission Date: |
RAIFMAN GREGORY R
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 | 2020-03-20 | M | 1,875 | a | $0.00 | 29,887 | direct |
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 | 2020-03-20 | deemed execution date | M | 1,875 (d) | class a common stock 1,875 | $0.00 | 49,793 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2020-03-20 | deemed execution date | D | 1,875 (d) | class a common stock 1,875 | $0.00 | 47,918 | 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 | 7,500 restricted stock units awarded on march 20, 2019. 1,875 restricted stock units vest at each anniversary of the award through march 20,2023. |
f3 | 7,500 performance-based restricted stock units (psus) were awarded on march 20, 2019. 1,875 restricted stock units vest at each anniversaryof the award through march 20, 2023, subject to the achievement of pre-established company performance metrics. for the 1,875 psus that were scheduled to vest on march 20, 2020, the compensation committee of nexstar's board of directors performed an assessment and determined that the conditions were not satisfied, thus, the 1,875 psus were forfeited. |