Robert Weisbord - Jan 31, 2022 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC (SBGI)

Role
Pres., Local News & Marketing
Signature
Clinton R. Black, V, Esq., on behalf of Robert Weisbord, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Jan 31, 2022
Transactions value $
-$308,211
Form type
4
Date filed
2/2/2022, 12:28 PM
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Award +29.4K +92.55% 61.1K Jan 31, 2022 Direct F1, F2, F3
transaction SBGI Class A Common Stock Tax liability -$308K -11.6K -19.04% $26.49* 49.5K Jan 31, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Stock issued as Restricted Stock, which vests 50% on January 31, 2023 and 50% on January 31, 2024.
F2 N/A
F3 Common Stock issued as Restricted Stock. Reporting Person also owns 3,672 shares of Class A Common Stock, 2,435.675672 shares of Class A Common Stock held in a 401(k) unitized stock fund and 9,725.887 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
F4 Designates withholding of shares to satisfy the Reporting Person's tax liability