| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SBGI | Class B Common Stock | Other | $10.7M | +595K | +11.21% | $17.93 | 5.9M | Feb 23, 2023 | Class B Common Stock | 595K | $0.00 | Direct | F1, F2, F3 |
| transaction | SBGI | Class B Common Stock | Other | $8.97M | +500K | +8.47% | $17.93 | 6.4M | Feb 23, 2023 | Class B Common Stock | 500K | $0.00 | Direct | F1, F2, F3 |
| transaction | SBGI | Class B Common Stock | Gift | $0 | -1.09M | -17.1% | $0.00 | 5.31M | Feb 23, 2023 | Class B Common Stock | 1.09M | $0.00 | Direct | F2, F3, F4 |
| transaction | SBGI | Class B Common Stock | Gift | $0 | +1.09M | $0.00 | 1.09M | Feb 23, 2023 | Class B Common Stock | 1.09M | $0.00 | By 2023 Irrevocable Trust Series I | F2, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Reporting Person exercised his right to substitute the corpus of the trust and withdrew the shares from the trust f/b/o Reporting Person's children. |
| F2 | The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date. |
| F3 | The Reporting Person also owns (i) 185 shares of Class A Common Stock and (ii) 14,153.274958 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns 137,154 shares of Class B Common Stock divided equally among three irrevocable trusts each for the benefit of a child of the Reporting Person of which the Reporting Person is a co-trustee. |
| F4 | Gifted to Trust f/b/o Reporting Person's family members. |
| F5 | The Reporting Person has the right to substitute the corpus of the trust. |