Key facts
- This page summarizes Power Robert Weisbord's Form 4 filing for SINCLAIR BROADCAST GROUP INC.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Mar 2023, 13:58.
Power Robert Weisbord - 02 Mar 2023 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC
- Reporting relationship
- COO & President of Broadcast
- Issuer ticker
- N/A
- Reported as of
- 02 Mar 2023
- Net transaction value
- -$393,501
- SEC form
- 4
- Accepted by SEC
- 06 Mar 2023, 13:58:27 UTC
- Prior SEC filing
- 24 Mar 2022
- Next SEC filing
- 12 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- Clinton R. Black, V, Esq., on behalf of Robert Weisbord, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Power Robert Weisbord filed Form 4 for SINCLAIR BROADCAST GROUP INC on 06 Mar 2023.
Change
- Previous filing in this sequence was filed on 24 Mar 2022.
- Current net transaction value: -$393,501.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SBGI
transaction
Class A Common Stock
Award
- Transaction value
- Shares
- +62,617
- Change %
- +117%
- Price
- Shares after
- 116,247
- Date
- 02 Mar 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
SBGI
transaction
Class A Common Stock
Tax liability
- Transaction value
- $393,501
- Shares
- -24,640
- Change %
- -21%
- Price
- $15.97*
- Shares after
- 91,607
- Date
- 02 Mar 2023
- Ownership
- Direct
- Footnotes
- F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SBGI
transaction
Derivative
Stock Appreciation Rights
Award
- Transaction value
- $0
- Shares
- +93,926
- Change %
- +63%
- Price
- $0.000000
- Shares after
- 243,926
- Date
- 02 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 93,926
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Common Stock issued as Restricted Stock which vests 50% on March 2, 2024 and 50% on March 2, 2025.
Footnote F2
N/A
Footnote F3
Common Stock issued as Restricted Stock. The Reporting Person also owns 3,672 shares of Class A Common Stock, 3,906.441541 shares of Class A Common Stock held in a 401(k) unitized stock fund, and 10,245.88 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
Footnote F4
Designates withholding of shares to satisfy the Reporting Person's tax liability
Footnote F5
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.
Footnote F6
Stock Appreciation Right shall vest 50% on March 2, 2024 and 50% on March 2, 2025.