SMITH ROBERT E 4
4 · SINCLAIR BROADCAST GROUP INC · Filed Mar 18, 2020
Insider Transaction Report
Form 4
SMITH ROBERT E
Director10% Owner
Transactions
- Purchase
Class B Common Stock
2020-03-17$13.54/sh+250,000$3,385,000→ 6,186,804 totalExercise: $0.00→ Class B Common Stock (250,000 underlying) - Gift
Class B Common Stock
2020-03-17−250,000→ 5,936,804 totalExercise: $0.00→ Class B Common Stock (250,000 underlying) - Award
Class B Common Stock
2020-03-17+250,000→ 250,000 total(indirect: By Trust)Exercise: $0.00→ Class B Common Stock (250,000 underlying)
Footnotes (6)
- [F1]Reporting Person exercised his right to substitute the corpus of a trust and purchased the shares from a trust f/b/o Reporting Person's children.
- [F2]The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
- [F3]Reporting Person also directly owns 20,000 shares of Class A Common Stock and 699.258407 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns 145,000 shares of Class B Common Stock held in a trust f/b/o family members and 4,000 shares of Class A Common Stock held in accounts by or with family members.
- [F4]Gift to Trust f/b/o Reporting Person's children
- [F5]Acquired by gift from Reporting Person
- [F6]The Reporting Person has the right to substitute the corpus of the trust.