Power Lucy Rutishauser - 31 Jan 2022 Form 4/A - Amendment Insider Report for SINCLAIR BROADCAST GROUP INC

Role
SVP & CFO
Signature
Clinton R. Black, V, Esq., on behalf of Lucy Rutishauser, by Power of Attorney
Issuer symbol
N/A
Transactions as of
31 Jan 2022
Net transactions value
-$469,721
Form type
4/A - Amendment
Filing time
08 Feb 2022, 16:30:13 UTC
Date Of Original Report
02 Feb 2022
Next filing
06 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Award +36,711 +102% 72,791 31 Jan 2022 Direct F1, F2, F3
transaction SBGI Class A Common Stock Tax liability $469,721 -17,732 -24% $26.49 55,059 31 Jan 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% January 31, 2024.
F2 N/A
F3 Common Stock issued as Restricted Stock. Reporting Person also owns 6,480.453444 shares of Class A Common Stock held in a 401(k) unitized stock fund and 5,773.375 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

Remarks:

This amendment is being filed to correct the number of shares granted, which was incorrect on the initial filing of February 2, 2022 for the Reporting Person. Also, the number of shares withheld to satisfy the Reporting Person's tax liability and the amount of securities beneficially owned following the reported transaction are corrected. The number of shares granted, the number of shares withheld to satisfy the Reporting Person's tax liability, and the amount of securities beneficially owned following the reported transaction are hereby amended and replaced with the number of shares granted, the number of shares withheld to satisfy the Reporting Person's tax liability, and the amount of securities beneficially owned following the reported transaction shown on this Amendment.