Christopher Ripley - Feb 19, 2023 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC (SBGI)

Role
President & CEO
Signature
Clinton R. Black, V, Esq., on behalf of Christopher Ripley, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Feb 19, 2023
Transactions value $
-$854,763
Form type
4
Date filed
2/22/2023, 12:18 PM
Previous filing
Feb 2, 2023
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Tax liability -$855K -44.2K -25.26% $19.36* 131K Feb 19, 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 second vesting date of restricted shares granted to the Reporting Person on February 19, 2021.
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 91,408 shares of Class A Common Stock issued as Restricted Stock of which 44,151 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 226,983 shares of Class A Common Stock held in a revocable trust and 2,204.197423 shares of Class A Common Stock held in a 401(k) unitized stock fund.