ROBERT E. SMITH - 31 Dec 2022 Form 5 Insider Report for SINCLAIR BROADCAST GROUP INC

Signature
Clinton R. Black, V, Esq., on behalf of Robert E. Smith, by Power of Attorney
Issuer symbol
N/A
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
08 Feb 2023, 14:03:18 UTC
Previous filing
13 Jun 2022
Next filing
02 Mar 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBGI Class B Common Stock Gift $0 +13,500 +0.22% $0.000000 6,048,604 13 May 2022 Class B Common Stock 13,500 $0.000000 Direct F1, F2, F3, F4
transaction SBGI Class B Common Stock Gift $0 -13,500 -9.3% $0.000000 131,500 13 May 2022 Class B Common Stock 13,500 $0.000000 Trustee of Trust f/b/o Family Member F1, F2, F3, F4
transaction SBGI Class B Common Stock Gift $0 +56,300 +0.94% $0.000000 6,048,604 13 May 2022 Class B Common Stock 56,300 $0.000000 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution of Class B Common Stock to the Reporting Person from trust
F2 The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
F3 After giving effect to the transactions reported on this Form 5, the Reporting Person directly owns 6,048,604 shares of Class B Common Stock at the end of the issuer's fiscal year.
F4 The Reporting Person also directly owns 47,270 shares of Class A Common Stock and 826.747905 shares of Class A Common Stock held in a 401(k) unitized stock fund.
F5 Distribution of Class B Common Stock to the Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement dated March 17, 2020.