SEC Form 4 · accession 0001250842-16-000078
SINCLAIR BROADCAST GROUP INC · SBGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David D Smith
Officer — President · Director · 10% Owner
Period of report
Dec 23, 2016
Accepted (ET)
Dec 23, 2016 · 5:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912752
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2 | Dec 23, 2016 | J | 200,000 | $0.00 | D | 7,211,072 | D | |
| Class A Common StockF2 | Dec 23, 2016 | J | 200,000 | $0.00 | A | 200,000 | D | |
| Class A Common StockF2 | Dec 23, 2016 | G | 200,000 | $0.00 | D | 0 | D | |
| Class A Common StockF2,F3 | Dec 23, 2016 | G | 200,000 | $0.00 | A | 350,000 | I | f/b/o David D. Smith Family Foundation, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Conversion of Class B Common Stock to Class A Common Stock.
- F2Reporting Person also indirectly owns 348,160 shares of Class A Common Stock held by trusts f/b/o family members of which Reporting Person is a trustee and 158,853 shares of Class A Common Stock held by a limited liability company controlled by Reporting Person. Reporting Person also directly owns 10,273.142981 shares of Class A Common Stock held in a 401(k) Plan.
- F3Gifted to David D. Smith Family Foundation, Inc., which Reporting Person controls, but does not derive any benefit.