0000912752-19-000004.txt : 20190130 0000912752-19-000004.hdr.sgml : 20190130 20190130091205 ACCESSION NUMBER: 0000912752-19-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190125 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20190130 DATE AS OF CHANGE: 20190130 FILER: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26076 FILM NUMBER: 19550520 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 8-K 1 a20198-kbensonleggboardapp.htm Document


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

 
Form 8-K
 
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (D)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
January 25, 2019
Date of Report (Date of earliest event reported)
 
SINCLAIR BROADCAST GROUP, INC.
(Exact name of registrant)
 
Maryland
 
000-26076
 
52-1494660
(State of organization)
 
(Commission File Number)
 
(I.R.S. Employer Identification Number)
 
10706 Beaver Dam Road
Hunt Valley, MD  21030
(Address of principal executive offices and zip code)
 
(410) 568-1500
(Registrant’s telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company o
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


 
 










SINCLAIR BROADCAST GROUP, INC.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On January 25, 2019, upon the unanimous recommendation of the independent members of the Sinclair Board of Directors, the Board of Directors voted to increase the size of the board from eight (8) to nine (9) members and named the Honorable Benson Everett Legg to serve as its newest member. Judge Legg was also appointed to the Special Litigation Committee where he will join Martin R. Leader and Larry E. McCanna. Judge Legg will stand for re-election to the Board of Directors at Sinclair Broadcast Group, Inc.'s next annual meeting of shareholders.

Judge Legg is the former Chief Judge of the United States District Court for the District of Maryland, serving in that role from 2003 to 2010. He was nominated to the Federal Court by President George H. W. Bush in September 1991 and was a member of the Court until he retired in February 2013. Judge Legg clerked for the Honorable Frank A. Kaufman of the United States District Court for the District of Maryland from 1973 until 1974, after which he joined the law firm of Venable, Baetjer & Howard (now known as Venable LLP) in 1975. Judge Legg became a partner of the firm in 1982 and remained in private practice until 1991 when he was confirmed as a Federal Judge.

During his time on the bench, Judge Legg presided over a wide array of civil and criminal cases, including multi-district litigation, class actions, securities and antitrust claims, and litigation involving constitutional rights, civil rights, intellectual property, patents, and employment discrimination. Since retiring from the court, Judge Legg has served as an arbitrator and mediator with JAMS, a global provider of dispute resolution services.

Judge Legg grew up in Baltimore, Maryland, where he attended Gilman School and served on the school’s Board of Trustees (including the Executive Committee) for many years. He holds a Bachelor of Arts degree (magna cum laude) from Princeton University and a Juris Doctorate degree from the University of Virginia School of Law, where he was a member of the Virginia Law Review and the Order of the Coif.
 
A copy of the Registrant’s press release relating to this director appointment is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibit related to Item 5.02 shall be deemed to be furnished and not filed.







SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SINCLAIR BROADCAST GROUP, INC.


By: /s/ David R. Bochenek
        
Name:    David R. Bochenek
Title:    Senior Vice President / Chief Accounting Officer / Corporate Controller
Dated: January 30, 2019



EX-99 2 pressreleasejudgeleggappoi.htm Exhibit


News Release

Contact: Robert Ford
rford@5wpr.com
212-999-5585
               

Sinclair NAMES BENSON EVERETT LEGG TO THE BOARD OF DIRECTORS

    Baltimore, MD (January 30, 2019) - Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”) announced today that upon the unanimous recommendation of the independent members of the Sinclair Board of Directors, the Board of Directors voted to increase the size of the board from eight (8) to nine (9) members and named the Honorable Benson Everett Legg to serve as its newest member. Judge Legg will stand for re-election to the Board of Directors at Sinclair’s next annual meeting of shareholders.

David Smith, Chairman of Sinclair’s Board, commented, “Judge Legg has a stellar reputation, most notably for his integrity and wisdom. His addition will strengthen our Board’s governance and provide deeper perspective.”

Judge Legg is the former Chief Judge of the United States District Court for the District of Maryland, serving in that role from 2003 to 2010. He was nominated to the Federal Court by President George H. W. Bush in September 1991 and was a member of the Court until he retired in February 2013. Judge Legg clerked for the Honorable Frank A. Kaufman of the United States District Court for the District of Maryland from 1973 until 1974, after which he joined the law firm of Venable, Baetjer & Howard (now known as Venable LLP) in 1975. Judge Legg became a partner of the firm in 1982 and remained in private practice until 1991 when he was confirmed as a Federal Judge.

During his time on the bench, Judge Legg presided over a wide array of civil and criminal cases, including multi-district litigation, class actions, securities and antitrust claims, and litigation involving constitutional rights, civil rights, intellectual property, patents, and employment discrimination. Since retiring from the court, Judge Legg has served as an arbitrator and mediator with JAMS, a global provider of dispute resolution services.

Judge Legg grew up in Baltimore, Maryland, where he attended Gilman School and served on the school’s Board of Trustees (including the Executive Committee) for many years. He holds a Bachelor of Arts degree (magna cum laude) from Princeton University and a Juris Doctorate degree from the University of Virginia School of Law, where he was a member of the Virginia Law Review and the Order of the Coif.
   

Sinclair is one of the largest and most diversified television broadcasting companies in the country. The Company owns, operates and/or provides services to 191 television stations in 89 markets. Sinclair is a leading local news provider in the country and operates the greatest number of award-winning news rooms in the industry and is dedicated to impactful journalism with a local focus. The Company has multiple national networks, live local sports production, as well as stations affiliated with all the major networks. Sinclair’s content is delivered via multiple-platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

###