By Power David B. Gibber - 02 Mar 2023 Form 4 Insider Report for SINCLAIR BROADCAST GROUP INC

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Mar 2023, 09:24:14 UTC
Prior SEC filing
22 Feb 2023
Next SEC filing
05 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Clinton R. Black, V, Esq., on behalf of David B. Gibber, by Power of Attorney

Key filing fact

By Power David B. Gibber filed Form 4 for SINCLAIR BROADCAST GROUP INC on 06 Mar 2023.

Key facts

  • This page summarizes By Power David B. Gibber's Form 4 filing for SINCLAIR BROADCAST GROUP INC.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 06 Mar 2023, 09:24.

Change

  • Previous filing in this sequence was filed on 22 Feb 2023.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+34,440
Change %
+156%
Price
Shares after
56,522
Date
02 Mar 2023
Ownership
Direct
Footnotes
F1, F2, F3

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
+75,141
Change %
+59%
Price
$0.000000
Shares after
202,507
Date
02 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
75,141
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 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. Reporting Person also owns 2,092.417374 shares of Class A Common Stock held in a 401(k) unitized stock fund and 1,959.21 shares of Class A Common Stock held in an Employee Stock Purchase Plan.

Footnote 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.

Footnote F5

Stock Appreciation Right shall vest 50% on March 2, 2024 and 50% on March 2, 2025.

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