NEXSTAR MEDIA GROUP INC

Ticker: NXST CUSIP: 65336K103 Class: Common Stock

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 11,600 Value ($000) $1,360 Avg Close $86.40 Range $73.81 - $98.35

Q3 2019

Shares 11,600 Value ($000) $1,187 Avg Close $83.21 Range $74.00 - $90.86

Q2 2019

Shares 12,347 Value ($000) $1,247 Avg Close $87.92 Range $79.83 - $97.98

Q1 2019

Shares 16,391 Value ($000) $1,776 Avg Close $75.23 Range $62.25 - $90.96

Q4 2018

Shares 16,391 Value ($000) $1,289 Avg Close $64.15 Range $56.69 - $72.86

Q3 2018

Shares 16,144 Value ($000) $1,314 Avg Close $63.44 Range $57.71 - $72.24

Q2 2018

Shares 23,042 Value ($000) $1,691 Avg Close $54.28 Range $48.25 - $63.06

Q1 2018

Shares 16,478 Value ($000) $1,096 Avg Close $58.67 Range $51.29 - $66.04

Q4 2017

Shares 14,599 Value ($000) $1,142 Avg Close $53.34 Range $46.04 - $64.05

Q3 2017

Shares 9,153 Value ($000) $570 Avg Close $48.80 Range $44.89 - $53.19

Q2 2017

Shares 8,195 Value ($000) $490 Avg Close $49.27 Range $44.12 - $55.18

Q1 2017

Shares 7,535 Value ($000) $529 Avg Close $52.48 Range $46.80 - $58.00

Q4 2016

Shares 8,505 Value ($000) $538 Avg Close $44.68 Range $36.72 - $52.50

Q3 2016

Shares 8,505 Value ($000) $491 Avg Close $40.88 Range $35.36 - $45.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	11,600	$1,360	$86.40	$73.81 - $98.35
Q3 2019	11,600	$1,187	$83.21	$74.00 - $90.86
Q2 2019	12,347	$1,247	$87.92	$79.83 - $97.98
Q1 2019	16,391	$1,776	$75.23	$62.25 - $90.96
Q4 2018	16,391	$1,289	$64.15	$56.69 - $72.86
Q3 2018	16,144	$1,314	$63.44	$57.71 - $72.24
Q2 2018	23,042	$1,691	$54.28	$48.25 - $63.06
Q1 2018	16,478	$1,096	$58.67	$51.29 - $66.04
Q4 2017	14,599	$1,142	$53.34	$46.04 - $64.05
Q3 2017	9,153	$570	$48.80	$44.89 - $53.19
Q2 2017	8,195	$490	$49.27	$44.12 - $55.18
Q1 2017	7,535	$529	$52.48	$46.80 - $58.00
Q4 2016	8,505	$538	$44.68	$36.72 - $52.50
Q3 2016	8,505	$491	$40.88	$35.36 - $45.20