Frederick G. Smith - Feb 24, 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
Stock symbol
SBGI
Transactions as of
Feb 24, 2023
Transactions value $
$5,106,000
Form type
4
Date filed
2/28/2023, 09:13 AM
Previous filing
Feb 8, 2023
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Other $1.7M +100K +52.91% $17.02 289K Feb 24, 2023 Direct F1, F2
transaction SBGI Class A Common Stock Other $1.7M +100K +34.6% $17.02 389K Feb 24, 2023 Direct F1, F2
transaction SBGI Class A Common Stock Other $1.7M +100K +25.71% $17.02 489K Feb 24, 2023 Direct F1, F2
transaction SBGI Class A Common Stock Gift $0 -100K -20.45% $0.00 389K Feb 27, 2023 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100K $0.00 100K Feb 27, 2023 By Irrevocable Trust 2023/AFS F2, F3, F4
transaction SBGI Class A Common Stock Gift $0 -100K -25.71% $0.00 289K Feb 27, 2023 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100K $0.00 100K Feb 27, 2023 By Irrevocable Trust 2023/EGS F2, F3, F4
transaction SBGI Class A Common Stock Gift $0 -100K -34.6% $0.00 189K Feb 27, 2023 Direct F2, F3
transaction SBGI Class A Common Stock Gift $0 +100K $0.00 100K Feb 27, 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.