Jason Ryan Smith - May 7, 2024 Form 3 Insider Report for Sinclair, Inc. (SBGI)

Role: Executive Vice Chairman
Signature: Clinton R. Black, V, Esq., on behalf of Jason Ryan Smith, by Power of Attorney
Stock symbol: SBGI
Transactions as of: May 7, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/16/2024, 12:50 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SBGI	Class A Common Stock						37.6K	May 7, 2024	Direct	F1

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
holding	SBGI	Stock Appreciation Rights							May 7, 2024	Class A Common Stock	500K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common Stock issued as Restricted Stock which vests 50% on March 8, 2025 and 50% on March 8, 2026.
F2	Stock Appreciation Right shall vest 50% on March 8, 2025 and 50% on March 8, 2026.
F3	The Stock Appreciation Right is exercisable at the price in value to the difference between the stock appreciation right's base value of $13.31 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, Inc. common stock on the date of exercise.