SMITH J DUNCAN 4
4 · Sinclair, Inc. · Filed Apr 5, 2024
Insider Transaction Report
Form 4
Sinclair, Inc.SBGI
SMITH J DUNCAN
DirectorVice President/Secretary10% Owner
Transactions
- Gift
Class B Common Stock
2024-04-03−1,094,900→ 5,306,686 totalExercise: $0.00→ Class B Common Stock (1,094,900 underlying) - Gift
Class B Common Stock
2024-04-03+1,094,900→ 1,094,900 total(indirect: By Trust)Exercise: $0.00→ Class B Common Stock (1,094,900 underlying) - Other
Class B Common Stock
2024-04-03$13.09/sh+1,094,900$14,332,241→ 6,401,586 totalExercise: $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) 17,443.588235 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 trust.