David B. Gibber - Jun 1, 2023 Form 4 Insider Report for Sinclair, Inc. (SBGI)

Role
SVP & General Counsel
Signature
Clinton R. Black, V, Esq., on behalf of David B. Gibber, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Jun 1, 2023
Transactions value $
-$61,705
Form type
4
Date filed
6/5/2023, 03:23 PM
Previous filing
Mar 6, 2023
Next filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Tax liability -$61.7K -3.99K -7.06% $15.47 52.5K Jun 1, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Designates withholding of shares to satisfy the Reporting Person's tax liability upon the early vesting of restricted stock granted on January 31, 2022 in connection with the issuer's reorganization effective June 1, 2023.
F2 The total number of shares released to the Reporting Person was 8,260 shares of Class A Common Stock issued as Restricted Stock of which 3,990 shares were withheld by the issuer to satisfy the Reporting Person's tax liability.
F3 Includes the vested 4,270 shares of Class A Common Stock reported on this Form 4 issued as Restricted Stock. The Reporting Person also owns 2,121.318543 shares of Class A Common Stock held in a 401(k) unitized stock fund, and 2,206.67 shares of Class A Common Stock held in an Employee Stock Purchase Plan.