Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SBGI | Class A Common Stock | Award | +134K | +102.72% | 265K | Mar 2, 2023 | Direct | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SBGI | Stock Appreciation Rights | Award | $0 | +413K | +20.75% | $0.00 | 2.41M | Mar 2, 2023 | Class A Common Stock | 413K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | Common Stock issued as Restricted Stock, which vests 50% on March 2, 2024 and 50% on March 2, 2025. |
F2 | N/A |
F3 | Common Stock issued as Restricted Stock. The Reporting Person also owns 226,983 shares of Class A Common Stock held in a revocable trust and 3,030.494449 shares of Class A Common Stock held in a 401(k) unitized stock fund. |
F4 | The Stock Appreciation Right is exercisable at the price equal in value to the difference between the stock appreciation right's base value of $15.97 per stock appreciation right which is the fair market value of one share as of the grant date, and the per share closing price of Sinclair Broadcast Group, Inc. common stock on the date of exercise. |
F5 | Reporting Person also owns 375,000 shares of Class A Common Stock Options. |