FREDERICK G. SMITH - 24 Feb 2023 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC (SBGI)

Role
Vice President, Director, 10%+ Owner
Signature
Clinton R. Black, V, Esq., on behalf of Frederick G. Smith, by Power of Attorney
Issuer symbol
SBGI
Transactions as of
24 Feb 2023
Net transactions value
+$5,106,000
Form type
4
Filing time
28 Feb 2023, 09:13:54 UTC
Previous filing
08 Feb 2023
Next filing
05 Apr 2024
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 Other $1,702,000 +100,000 +53% $17.02 289,000 24 Feb 2023 Direct F1, F2
transaction SBGI Class A Common Stock Other $1,702,000 +100,000 +35% $17.02 389,000 24 Feb 2023 Direct F1, F2
transaction SBGI Class A Common Stock Other $1,702,000 +100,000 +26% $17.02 489,000 24 Feb 2023 Direct F1, F2
transaction SBGI Class A Common Stock Gift $0 -100,000 -20% $0.000000 389,000 27 Feb 2023 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100,000 $0.000000 100,000 27 Feb 2023 By Irrevocable Trust 2023/AFS F2, F3, F4
transaction SBGI Class A Common Stock Gift $0 -100,000 -26% $0.000000 289,000 27 Feb 2023 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100,000 $0.000000 100,000 27 Feb 2023 By Irrevocable Trust 2023/EGS F2, F3, F4
transaction SBGI Class A Common Stock Gift $0 -100,000 -35% $0.000000 189,000 27 Feb 2023 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100,000 $0.000000 100,000 27 Feb 2023 By Irrevocable Trust 2023/JRS F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Peron's child.
F2 The Reporting Person also owns 3,000,000 shares of Class B Common Stock and 11,705.049637 shares of Class A Common Stock held in a 401(k) unitized stock fund.
F3 Gifted to Trust f/b/o Reporting Person's child
F4 The Reporting Person has the right to substitute the corpus of the trust.