SMITH J DUNCAN 5
5 · SINCLAIR BROADCAST GROUP INC · Filed Feb 8, 2023
Insider Transaction Report
Form 5
SMITH J DUNCAN
DirectorSecretary10% Owner
Transactions
- Gift
Class B Common Stock
2022-07-11+500,000→ 500,000 total(indirect: By Trust)Exercise: $0.00→ Class B Common Stock (500,000 underlying) - Gift
Class B Common Stock
2022-07-11−500,000→ 5,306,686 totalExercise: $0.00→ Class B Common Stock (500,000 underlying)
Footnotes (5)
- [F1]Gifted to Trust f/b/o family members
- [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 transaction reported on this Form 5, the Reporting Person directly owns 5,306,686 shares of Class B Common at the end of the issuer's fiscal year.
- [F4]The Reporting Person also directly owns (i) 185 shares of Class A Common Stock and (ii)14,256.522244 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.
- [F5]The Reporting Person has the right to substitute the corpus of the trust.