David B. Gibber - Feb 24, 2022 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC (SBGI)

Role
SVP & General Counsel
Signature
Clinton R. Black, V, Esq., on behalf of David B. Gibber, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Feb 24, 2022
Transactions value $
-$86,134
Form type
4
Date filed
2/28/2022, 12:00 PM
Previous filing
Feb 23, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Tax liability -$86.1K -3.3K -10.14% $26.13* 29.2K Feb 24, 2022 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The second vesting date of restricted shares granted to the Reporting Person on February 24, 2020.
F2 Designates withholding of shares to satisfy the Reporting Person's tax liability.
F3 The total number of shares released to the Reporting Person was 6826 shares of Class A Common Stock issued as Restricted Stock of which 3297 shares were withheld by the issuer to satisfy the Reporting Person's tax liability.
F4 Common Stock issued as Restricted Stock. Reporting Person also owns 806.437993 shares of Class A Common Stock held in a 401(k) unitized stock fund, and 1847.34 shares of Class A Common Stock held in an Employee Stock Purchase Plan.