SEC Form 4 · accession 0001250842-17-000020
SINCLAIR BROADCAST GROUP INC · SBGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David D Smith
Officer — Executive Chairman · Director · 10% Owner
Period of report
Mar 22, 2017
Accepted (ET)
Mar 24, 2017 · 3:35 pm EDT
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 A Common StockF1 | Mar 22, 2017 | M | 200,000 | $15.78 | A | 200,000 | D | |
| Class A Common StockF1 | Mar 22, 2017 | D | 80,408 | $39.25 | D | 119,592 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $15.78 | Mar 22, 2017 | M | 200,000 | D | Apr 2, 2007 | Apr 2, 2017 | Class A Common Stock | 200,000 | 2,610,000 | D |
Explanation of responses
- F1The Reporting Person also directly owns 7,211,072.227 shares of Class B Common Stock and 10,411 shares of Class A Common Stock held in a 401(k) Plan. Reporting Person indirectly owns 358,160 shares of Class A Common Stock held by trusts f/b/o family members of which Reporting Person is a trustee, 354,000 shares of Class A Common Stock held f/b/o David D. Smith Foundation, Inc., and 161,353 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person.