SMITH J DUNCAN 4
4 · SINCLAIR BROADCAST GROUP INC · Filed Mar 14, 2022
Insider Transaction Report
Form 4
SMITH J DUNCAN
DirectorSecretary10% Owner
Transactions
- Gift
Class B Common Stock
2022-03-11−594,900→ 5,806,686 totalExercise: $0.00→ Class B Common Stock (594,900 underlying) - Purchase
Class B Common Stock
2022-03-10$26.04/sh+594,900$15,491,196→ 6,401,586 totalExercise: $0.00→ Class B Common Stock (594,900 underlying) - Award
Class B Common Stock
2022-03-11+594,900→ 594,900 total(indirect: By Trust)Exercise: $0.00→ Class B Common Stock (594,900 underlying)
Footnotes (6)
- [F1]Reporting Person exercised his right to substitute the corpus of the trust and purchased the shares from the 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]The Reporting Person also owns (i) 185 shares of Class A Common Stock and (ii) 13,127.545900 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns 137,154 shares of Class B Common Stock divided equally among three irrevocable trusts each for the benefit of a child of the Reporting Person of which the Reporting Person is a co-trustee.
- [F4]Gifted to Trust f/b/o Reporting Person's family members.
- [F5]Acquired by gift from Reporting Person.
- [F6]The Reporting Person has the right to substitute the corpus of the trust.