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(\"Media General\") and Nexstar Broadcasting Group, Inc. (\"Nexstar\") consummated a business transaction (the \"Merger\") which resulted in Media General merging with a wholly owned subsidiary of Nexstar and Media General ultimately surviving as a wholly owned subsidiary of Nexstar. Pursuant to the Merger, each outstanding share of voting common stock, no par value per share, of Media General (the \"Voting Common Stock\"), was converted into the right to receive (x) $10.55 in cash, without interest, (y) one contractual contingent value right to be issued by Nexstar (a \"CVR\") and (z) 0.1249 of a share of Nexstar Class A common stock (together, the \"Merger Consideration\")."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Each equity and equity-based award (other than stock options) granted pursuant to Media General's plans that was outstanding immediately prior to the Merger was cancelled and converted into the right to receive the Merger Consideration with respect to each share of Voting Common Stock underlying such award. Each stock option granted pursuant to Media General's plans that was outstanding immediately prior to the Merger was converted into the right to receive, with respect to each share of Voting Common Stock underlying such option, (i) an option to acquire shares of Nexstar Class A common stock (with the number of shares and the per-share exercise price being determined in accordance with the exchange ratio set forth in the merger agreement) and (ii) a CVR."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"These options were granted under a LIN Media LLC equity incentive plan and were fully exercisable."}],"balance_after":0,"derivative":{"exercise_price":2.46,"expiration_date":"2021-12-08","underlying":"Voting Common Stock (no par value)","underlying_shares":104248},"source":{"system":"sec-edgar","filing":"0001140361-17-002072","document":"doc1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/216539/000114036117002072/doc1.xml","form_type":"4"}},{"id":4489290,"issuer":{"id":12665,"kind":"organization","name":"MEDIA GENERAL INC","symbol":"NYSE: MEG"},"owners":[{"id":30055,"kind":"person","name":"Sadusky Vincent L","position":1,"cik":"0001303539","reported_name":"Sadusky Vincent L","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO"}}],"security":"Voting Common Stock (no par value)","published_at":"2017-01-18T10:13:39.000Z","date":"2017-01-17","kind":"disposition_to_issuer","acquired":false,"shares":841459,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On January 17, 2017, Media General, Inc. (\"Media General\") and Nexstar Broadcasting Group, Inc. (\"Nexstar\") consummated a business transaction (the \"Merger\") which resulted in Media General merging with a wholly owned subsidiary of Nexstar and Media General ultimately surviving as a wholly owned subsidiary of Nexstar. Pursuant to the Merger, each outstanding share of voting common stock, no par value per share, of Media General (the \"Voting Common Stock\"), was converted into the right to receive (x) $10.55 in cash, without interest, (y) one contractual contingent value right to be issued by Nexstar (a \"CVR\") and (z) 0.1249 of a share of Nexstar Class A common stock (together, the \"Merger Consideration\")."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Each equity and equity-based award (other than stock options) granted pursuant to Media General's plans that was outstanding immediately prior to the Merger was cancelled and converted into the right to receive the Merger Consideration with respect to each share of Voting Common Stock underlying such award. Each stock option granted pursuant to Media General's plans that was outstanding immediately prior to the Merger was converted into the right to receive, with respect to each share of Voting Common Stock underlying such option, (i) an option to acquire shares of Nexstar Class A common stock (with the number of shares and the per-share exercise price being determined in accordance with the exchange ratio set forth in the merger agreement) and (ii) a CVR."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001140361-17-002072","document":"doc1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/216539/000114036117002072/doc1.xml","form_type":"4"}},{"id":4602949,"issuer":{"id":12665,"kind":"organization","name":"MEDIA GENERAL INC","symbol":"NYSE: MEG"},"owners":[{"id":30055,"kind":"person","name":"Sadusky Vincent L","position":1,"cik":"0001303539","reported_name":"Sadusky Vincent L","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO"}}],"security":"Voting Common Stock (no par value)","published_at":"2016-09-15T14:50:55.000Z","date":"2016-09-14","kind":"tax_withholding","acquired":false,"shares":57621,"price":17.46,"value":1006062.66,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"This is a transaction required to satisfy applicable federal and state income tax withholding requirements. On September 12, 2016 restrictions were released on 135,074 shares of Restricted Share Awards (granted on September 10, 2013). As required by the 1995 Long-Term Incentive Plan, 58,653 shares of Voting Common Stock (no par value) were withheld for tax withholding purposes. As a result of these transactions, Mr. Sadusky additionally will receive a certificate for 76,421 shares of unrestricted Voting Common Stock (no par value)."}],"balance_after":841459,"source":{"system":"sec-edgar","filing":"0000216539-16-000248","document":"wf-form4_147396544322053.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/216539/000021653916000248/wf-form4_147396544322053.xml","form_type":"4"}},{"id":4602948,"issuer":{"id":12665,"kind":"organization","name":"MEDIA GENERAL INC","symbol":"NYSE: MEG"},"owners":[{"id":30055,"kind":"person","name":"Sadusky Vincent L","position":1,"cik":"0001303539","reported_name":"Sadusky Vincent L","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO"}}],"security":"Voting Common Stock (no par value)","published_at":"2016-09-15T14:50:55.000Z","date":"2016-09-14","kind":"tax_withholding","acquired":false,"shares":1032,"price":17.407,"value":17964.024,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"This is a transaction required to satisfy applicable federal and state income tax withholding requirements. On September 12, 2016 restrictions were released on 135,074 shares of Restricted Share Awards (granted on September 10, 2013). As required by the 1995 Long-Term Incentive Plan, 58,653 shares of Voting Common Stock (no par value) were withheld for tax withholding purposes. As a result of these transactions, Mr. Sadusky additionally will receive a certificate for 76,421 shares of unrestricted Voting Common Stock (no par value)."}],"balance_after":899080,"source":{"system":"sec-edgar","filing":"0000216539-16-000248","document":"wf-form4_147396544322053.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/216539/000021653916000248/wf-form4_147396544322053.xml","form_type":"4"}}]}