0000743127-11-000007.txt : 20110511
0000743127-11-000007.hdr.sgml : 20110511
20110511155558
ACCESSION NUMBER: 0000743127-11-000007
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20110511
DATE AS OF CHANGE: 20110511
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: SINCLAIR BROADCAST GROUP INC
CENTRAL INDEX KEY: 0000912752
STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833]
IRS NUMBER: 521494660
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-44309
FILM NUMBER: 11831959
BUSINESS ADDRESS:
STREET 1: 10706 BEAVER DAM ROAD
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
BUSINESS PHONE: 4105681500
MAIL ADDRESS:
STREET 1: 10706 BEAVER DAM ROAD
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: PINNACLE ASSOCIATES LTD
CENTRAL INDEX KEY: 0000743127
IRS NUMBER: 133220717
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 335 MADISON AVENUE
STREET 2: 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2126523200
MAIL ADDRESS:
STREET 1: 335 MADISON AVENUE
STREET 2: 11TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
SC 13G
1
sbgi.txt
PINNACLE ASSOCIATES LTD. 13G SBGI
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Sinclair Broadcast Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
829226109
(CUSIP Number)
April 27, 2011
(Date of Event Which Requires Filing of this Statement)
CUSIP No. 829226109
Item 1: REPORTING PERSONS
Pinnacle Associates Ltd. (Tax ID: 13-3220717)
Item 4: CITIZENSHIP
New York Corporation
Item 5: SOLE VOTING POWER
2,526,131 **see Note 1**
Item 6: SHARED VOTING POWER
None
Item 7: SOLE DISPOSITIVE POWER
2,526,131 **see Note 1**
Item 8: SHARED DISPOSITIVE POWER
None
Item 9: AGGREGATE AMOUNT BENEFICIALLY OWNED
2,526,131 ** see Note 1 **
Item 11: PERCENT OF CLASS REPRESENTED BY ITEM 9
3.1
Item 12: TYPE OF REPORTING PERSON
IA
-----------------------------------------------------------
ITEM 1(A). NAME OF ISSUER
Sinclair Broadcast Group, Inc.
ITEM 1(B). ADDRESS OF ISSUER
10706 Beaver Dam Road
Hunt Valley, MD 21030
ITEM 2(A). NAME OF PERSON FILING
PINNACLE ASSOCIATES LTD.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE
335 Madison Avenue, 11th Floor, New York, NY 10017
ITEM 2(C). CITIZENSHIP
New York Corporation
ITEM 2(D). TITLE OF CLASS OF SECURITIES
Common Stock
ITEM 2(E). CUSIP NUMBER
829226109
ITEM 3. This statement is filed pursuant to Rule 13d-1 (b), or
13d-2 (b) and the person filing is an investment advisor
registered under section 203 of the Investment Advisers
Act of 1940.
ITEM 4. OWNERSHIP
ITEM 4(a). AMOUNT BENEFICIALLY OWNED
2,526,131 ** see Note 1 **
ITEM 4(b). PERCENT OF CLASS
3.1
ITEM 4(c). NUMBER OF SHARE AS TO WHICH SUCH PERSON HAS:
(i). SOLE POWER TO VOTE OR DIRECT THE VOTE
2,526,131 ** see Note 1 **
(ii). SHARED POWER TO VOTE OR TO DIRECT THE VOTE
None
(iii). SOLE POWER TO DISPOSE OR TO DIRECT DISPOSITION OF
2,526,131 ** see Note 1 **
(iv). SHARE POWER TO DISPOSE OR TO DIRECT DISPOSISTION OF
None
**Note 1**
Pinnacle Associates, Ltd. ("Pinnacle"), an investment adviser registered
under Section 203 of the Investment Advisers Act of 1940, furnishes
investment advice on a discretionary basis to its clients. In its role as
investment adviser, Pinnacle possesses voting and/or investment power over
the securities of the Issuer described in this schedule.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that
the reporting person has ceased to be the
beneficial owner of more than five percent of the class
of securities, check the following: [X]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
All securities reported in this schedule are owned by advisory
clients of Pinnacle Associates, Ltd., no one of which to the
knowledge of Pinnacle Associates, Ltd. owns more than 5% of
the class.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for
the purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant
in any transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete are correct.
Signature
Gail Mannix
Chief Compliance Officer
May 11,2011