Robert E. Smith - Feb 23, 2023 Form 4 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
Feb 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 09:29 AM
Previous filing
Feb 8, 2023
Next filing
May 23, 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 +9.75K +0.16% $0.00 6.06M Feb 23, 2023 Class B Common Stock 9.75K $0.00 Direct F1, F2, F3
transaction SBGI Class B Common Stock Gift $0 -9.75K -7.41% $0.00 122K Feb 23, 2023 Class B Common Stock 9.75K $0.00 Trustee of Trust f/b/o Family Member F1, F2, F3
* 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 The Reporting Person also directly owns 47,270 shares of Class A Common Stock and 820.760178 shares of Class A Common Stock held in a 401(k) unitized stock fund.