SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

AMY DAVID B

(Last)

(First)

(Middle)

10706 BEAVER DAM RD

(Street)

COCKEYSVILLE

21030

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SINCLAIR BROADCAST GROUP INC [ sbgi ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2007

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/20/2007		M		25,870	A	$9.25	25,870⁽¹⁾	D
Common Stock	02/20/2007		S		658	D	$14.87	25,212⁽¹⁾	D
Common Stock	02/20/2007		S		500	D	$14.86	24,712⁽¹⁾	D
Common Stock	02/20/2007		S		1,038	D	$14.85	23,674⁽¹⁾	D
Common Stock	02/20/2007		S		5,000	D	$14.84	18,674⁽¹⁾	D
Common Stock	02/20/2007		S		200	D	$14.81	18,474⁽¹⁾	D
Common Stock	02/20/2007		S		2,362	D	$14.79	16,112⁽¹⁾	D
Common Stock	02/20/2007		S		2,112	D	$14.78	14,000⁽¹⁾	D
Common Stock	02/20/2007		S		1,000	D	$14.77	13,000⁽¹⁾	D
Common Stock	02/20/2007		S		1,400	D	$14.76	11,600⁽¹⁾	D
Common Stock	02/20/2007		S		4,600	D	$14.75	7,000⁽¹⁾	D
Common Stock	02/20/2007		S		1,000	D	$14.74	6,000⁽¹⁾	D
Common Stock	02/20/2007		S		600	D	$14.73	5,400⁽¹⁾	D
Common Stock	02/20/2007		S		2,465	D	$14.72	2,935⁽¹⁾	D
Common Stock	02/20/2007		S		1,935	D	$14.71	1,000⁽¹⁾	D
Common Stock	02/20/2007		S		400	D	$14.7	600⁽¹⁾	D
Common Stock	02/20/2007		S		200	D	$14.69	400⁽¹⁾	D
Common Stock	02/20/2007		S		100	D	$14.67	300⁽¹⁾	D
Common Stock	02/20/2007		S		100	D	$14.66	200⁽¹⁾	D
Common Stock	02/20/2007		S		100	D	$14.65	100⁽¹⁾	D
Common Stock	02/20/2007		S		100	D	$14.64	0⁽¹⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$9.25	02/20/2007		M			25,870	⁽²⁾	02/28/2010	Common Stock	25,870	$0	0	D

Explanation of Responses:

1. Mr. Any also owns: 12,000 shares of Restricted Stock issued pursuant to the 1999 Long Term Incentive Plan which vest 25% on April 3, 2007 and 2008 and 50% on April 3, 2009; 6,400 shares of Class A Common Stock held in street name; 17,476.6080 shares of Class A Common Stock held by an Employee Stock Purchase Plan; and 1878.728801 shares of Class A Common Stock held by a 401(k) Plan.

2. The option vested 25% on March 1, 2000, 2001, 2002 and 2003.

	Lisa A. Olivieri, Esq., on behalf of David B. Amy, by Power of Attorney	02/21/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.