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Zimmer Dana's Form 4 filing

Nexstar Media Group, Inc. (NXST) · filed May 20, 2025

Accession no.
0000950170-25-075460
Filed
May 20, 2025
Trade date
May 17-20, 2025
Filing delay
3 days
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $202.0K. It was filed 3 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Zimmer DanaCIK 0001789649Officer (See Remarks)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 17, 2025Common StockMOption exerciseAcquired+1,250$0.00F1,F2$03,042Direct
May 17, 2025Common StockMOption exerciseAcquired+1,250$0.00F1,F3$04,292Direct
May 20, 2025Common StockSSaleDisposed−1,151$175.53−$202,035.033,141Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 17, 2025Common StockMOption exerciseDisposed−1,250$0.00$00Direct
May 17, 2025Common StockMOption exerciseDisposed−1,250$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

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.

Referenced by the price of 2 transactions in Table I.

F2

5,000 RSUs were awarded on May 17, 2021, of which, 1,250 RSUs vested at each anniversary of the award through May 17, 2025.

Referenced by the price of 1 transaction in Table I.

F3

5,000 PSUs were awarded on May 17, 2021, of which 1,250 PSUs vested at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics. For the 1,250 PSUs that were scheduled to vest on May 17, 2025, 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 May 17, 2025.

Referenced by the price of 1 transaction in Table I.

Remarks

President, Distribution & Strategy

Read the full filing on SEC EDGAR (opens in a new tab)