Robert E. Smith - Dec 31, 2022 Form 5 Insider Report for SINCLAIR BROADCAST GROUP INC (SBGI)

Role
Director, 10%+ Owner
Signature
Clinton R. Black, V, Esq., on behalf of Robert E. Smith, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/8/2023, 02:03 PM
Previous filing
Jun 13, 2022
Next filing
Mar 2, 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 +13.5K +0.22% $0.00 6.05M May 13, 2022 Class B Common Stock 13.5K $0.00 Direct F1, F2, F3, F4
transaction SBGI Class B Common Stock Gift $0 -13.5K -9.31% $0.00 132K May 13, 2022 Class B Common Stock 13.5K $0.00 Trustee of Trust f/b/o Family Member F1, F2, F3, F4
transaction SBGI Class B Common Stock Gift $0 +56.3K +0.94% $0.00 6.05M May 13, 2022 Class B Common Stock 56.3K $0.00 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.