Gibber David B 4
4 · Sinclair, Inc. · Filed Mar 12, 2024
Insider Transaction Report
Form 4
Sinclair, Inc.SBGI
Gibber David B
EVP & Chief Legal Officer
Transactions
- Award
Stock Appreciation Rights
2024-03-08+105,200→ 307,707 totalFrom: 2025-03-08Exp: 2034-03-08→ Class A Common Stock (105,200 underlying) - Award
Class A Common Stock
2024-03-08+45,079→ 71,121 total
Footnotes (5)
- [F1]Common Stock issued as Restricted Stock, which vests 50% on March 8, 2025 and 50% on March 8, 2026.
- [F2]N/A
- [F3]Common Stock issued as Restricted Stock. Reporting Person also owns 3,271.672785 shares of Class A Common Stock held in a 401(k) unitized stock fund and 2,526.33 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
- [F4]The Stock Appreciation Right is exercisable at the price in value to the difference between the stock appreciation right's base value of $13.31 per stock appreciation right which is the fair market value of one share as of the grant date, and the per share closing price of Sinclair, Inc. common stock on the date of exercise.
- [F5]Stock Appreciation Right shall vest 50% on March 8, 2025 and 50% on March 8, 2026.