YUDROFF ROYCE 4
4 · NEXSTAR BROADCASTING GROUP INC · Filed Feb 15, 2013
Insider Transaction Report
Form 4
YUDROFF ROYCE
Director10% Owner
Transactions
- Conversion
Class A Common Stock of Nexstar Broadcasting Group, Inc.
2013-02-13+194,763→ 194,763 total(indirect: See Footnotes) - Conversion
Class B Common Stock of Nexstar Broadcasting Group, Inc.
2013-02-13−194,763→ 4,120,621 total(indirect: See Footnotes)→ Class A Common Stock of Nexstar Broadcasting Group, Inc. (194,763 underlying) - Conversion
Class A Common Stock of Nexstar Broadcasting Group, Inc.
2013-02-13+255,237→ 450,000 total(indirect: See Footnotes) - Sale
Class A Common Stock of Nexstar Broadcasting Group, Inc.
2013-02-15$13.75/sh−255,237$3,509,509→ 0 total(indirect: See Footnotes) - Conversion
Class B Common Stock of Nexstar Broadcasting Group, Inc.
2013-02-13−255,237→ 3,865,384 total(indirect: See Footnotes)→ Class A Common Stock of Nexstar Broadcasting Group, Inc. (255,237 underlying) - Sale
Class A Common Stock of Nexstar Broadcasting Group, Inc.
2013-02-15$13.75/sh−194,763$2,677,991→ 255,237 total(indirect: See Footnotes)
Footnotes (4)
- [F1]Each share of Class B Common Stock of Nexstar Broadcasting Group, Inc. is convertible into Class A Common Stock on a one-for-one basis at the election of the holder at any time.
- [F2]The Reporting Person is the trustee of ABRY Holdings Co., which is the sole member of ABRY Holdings, LLC, which is the sole general partner of ABRY Capital, L.P., which is the sole general partner of ABRY Broadcast Partners II, L.P. ("ABRY II").
- [F3]The Reporting Person is the sole trustee of ABRY Holdings III, Co., which is the sole member of ABRY Holdings III, LLC, which is the sole general partner of ABRY Equity Investors, L.P., the sole general partner of ABRY Broadcast Partners III, L.P. ("ABRY III").
- [F4]The Reporting Person disclaims beneficial ownership of the securities issued to ABRY II and ABRY III, except to the extent of his "pecuniary interest" (as defined in Rule 16a-1 under the Securities and Exchange Act of 1934, as amended), if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for Section 16 purposes or for any other purposes.