SMITH J DUNCAN 4

4 · SINCLAIR BROADCAST GROUP INC · Filed Feb 27, 2023

Form 4

Period: 2023-02-23

DirectorSecretary10% Owner

Transactions

Other
Class B Common Stock
2023-02-23$17.93/sh+594,900$10,666,557→ 5,901,586 total
Exercise: $0.00→ Class B Common Stock (594,900 underlying)
Other
Class B Common Stock
2023-02-23$17.93/sh+500,000$8,965,000→ 6,401,586 total
Exercise: $0.00→ Class B Common Stock (500,000 underlying)
Gift
Class B Common Stock
2023-02-23−1,094,900→ 5,306,686 total
Exercise: $0.00→ Class B Common Stock (1,094,900 underlying)
Gift
Class B Common Stock
2023-02-23+1,094,900→ 1,094,900 total(indirect: By Trust)
Exercise: $0.00→ Class B Common Stock (1,094,900 underlying)

Footnotes (5)

[F1]Reporting Person exercised his right to substitute the corpus of the trust and withdrew 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) 14,153.274958 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]The Reporting Person has the right to substitute the corpus of the trust.

Documents

1 file