Christopher Ripley - 31 Jan 2023 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC

Role
President & CEO
Signature
Clinton R. Black, V, Esq., on behalf of Christopher Ripley, by Power of Attorney
Issuer symbol
N/A
Transactions as of
31 Jan 2023
Net transactions value
-$540,874
Form type
4
Filing time
02 Feb 2023, 11:30:22 UTC
Previous filing
13 Feb 2023
Next filing
22 Feb 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 Tax liability $540,874 -26,723 -6.5% $20.24* 386,394 31 Jan 2023 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 first vesting date of restricted shares granted to the Reporting Person on January 31, 2022.
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 55,066 shares of Class A Common Stock issued as Restricted Stock of which 26,723 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 15,406 shares of Class A Common Stock held in a revocable trust and 2,200.529326 shares of Class A Common Stock held in a 401(k) unitized stock fund.