SMITH ROBERT E 5
5 · SINCLAIR BROADCAST GROUP INC · Filed Feb 10, 2022
Insider Transaction Report
Form 5
SMITH ROBERT E
Director10% Owner
Transactions
- Gift
Class B Common Stock
2021-03-17+42,000→ 5,978,804 totalExercise: $0.00→ Class B Common Stock (42,000 underlying) - Gift
Class B Common Stock
2021-03-17−42,000→ 208,000 total(indirect: By Trust)Exercise: $0.00→ Class B Common Stock (42,000 underlying)
Footnotes (5)
- [F1]Distribution of Class B Common Stock to the Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement dated March 17, 2020.
- [F2]The Class B Common Stock is convertible at the Reporting Person's election and has no expiration date.
- [F3]After giving effect to the transactions reported on this Form 5, the Reporting Person directly owns 5,978,804 shares of Class B Common Stock at the end of the issuer's fiscal year.
- [F4]The Reporting Person also directly owns 37,148 shares of Class A Common Stock and 754.956387 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns 145,000 shares of Class A 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 immediate family members.
- [F5]The Reporting Person has the right to substitute the corpus of the trust.