SEC Form 5 · accession 0001250842-19-000001
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
Dec 31, 2018
Accepted (ET)
Jan 28, 2019 · 5:54 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,F4 | Aug 15, 2018 | G | 121,000 | $0.00 | A | 6,211,072 | D | |
| Class B Common StockF2,F4,F5 | Aug 15, 2018 | G | 121,000 | $0.00 | D | 121,000 | I | By Irrevocable Trust 2018 BECS |
| Class B Common StockF2,F4 | Aug 15, 2018 | G | 121,000 | $0.00 | A | 6,211,072 | D | |
| Class B Common StockF2,F4,F5 | Aug 15, 2018 | G | 121,000 | $0.00 | D | 121,000 | I | By Irrevocable Trust 2018 BECS II |
| Class B Common StockF2,F4 | Aug 15, 2018 | G | 121,000 | $0.00 | A | 6,211,072 | D | |
| Class B Common StockF2,F4,F5 | Aug 15, 2018 | G | 121,000 | $0.00 | D | 121,000 | I | By Irrevocable Trust 2018 JBSS |
| Class B Common StockF2,F4 | Aug 15, 2018 | G | 121,000 | $0.00 | A | 6,211,072 | D | |
| Class B Common StockF2,F4,F5 | Aug 15, 2018 | G | 121,000 | $0.00 | D | 121,000 | I | By Irrevocable Trust 2018 MJSS |
| Class B Common StockF2,F4 | Aug 15, 2018 | G | 121,000 | $0.00 | A | 6,211,072 | D | |
| Class B Common StockF2,F4,F5 | Aug 15, 2018 | G | 121,000 | $0.00 | D | 121,000 | I | By Irrevocable Trust 2018 DBS |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Distribution of Class B Common Stock to Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement/BECS dated August 2, 2017.
- F2The Reporting Person directly owns (i) 119,592 shares of Class A Common Stock, (ii) 11,097.398179 shares of Class A Common Stock held in a 401(k) unitized stock fund, and (iii) 59,172 shares of Class A Common Stock issued as Restricted Stock. The Reporting Person also indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person for the benefit of family members of which the Reporting Person is the custodian, (ii) 338,400 shares of Class A Common Stock held by trusts f/b/o family members of which the Reporting Person is a trustee, (iii) 161,353 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, (iv) 354,000 shares of Class A Common Stock held f/b/o David D. Smith Foundation, Inc., and (v) 395,000 shares of Class B Common Stock held in separate irrevocable trusts f/b/o family members.
- F3Gifted to Trust f/b/o Reporting Person's child.
- F4After giving effect to all reported transactions on this Form 5, the Reporting Person directly owns 6,211,072.227 shares of Class B Common Stock at the end of the issuer's fiscal year.
- F5The Reporting Person has the right to substitute the corpus of the trust.
- F6Distribution of Class B Common Stock to Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement/BECS II dated August 2, 2017.
- F7Distribution of Class B Common Stock to Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement/JBSS dated August 2, 2017.
- F8Distribution of Class B Common Stock to Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement/MJSS dated August 2, 2017.
- F9Distribution of Class B Common Stock to Reporting Person from independent trustee pursuant to the terms of the Irrevocable Trust Agreement/DBS dated August 2, 2017.