0001250842-23-000024.txt : 20230306 0001250842-23-000024.hdr.sgml : 20230306 20230306163226 ACCESSION NUMBER: 0001250842-23-000024 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230302 FILED AS OF DATE: 20230306 DATE AS OF CHANGE: 20230306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH DAVID D CENTRAL INDEX KEY: 0001016817 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26076 FILM NUMBER: 23709359 MAIL ADDRESS: STREET 1: C/O SINCLAIR BROADCAST GROUP STREET 2: 2000 WEST 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211-1420 ISSUER: 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 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 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2023-03-02 0 0000912752 SINCLAIR BROADCAST GROUP INC SBGI 0001016817 SMITH DAVID D C/O SINCLAIR BROADCAST GROUP 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 1 1 1 0 Executive Chairman Class A Common Stock 2023-03-02 4 A 0 134221 A 446072 D Class A Common Stock 2023-03-02 4 F 0 64830 15.97 D 381242 D Stock Appreciation Rights 2023-03-02 4 A 0 413337 0 A 2023-03-02 2033-03-02 Class A Common Stock 413337 743733 D Common Stock issued as Restricted Stock which vests 50% on March 2, 2024 and 50% on March 2, 2025. N/A Common Stock issued as Restricted Stock. The Reporting Person also directly owns (i) 607,154 shares of Class A Common Stock (ii) 911,072 shares of Class B Common Stock, and (iii) 15,697.415415 shares of Class A Common Stock held in a 401(k) unitized stock fund. The Reporting Person indirectly owns (i) 28,160 shares of Class A Common Stock held in separate custodial accounts established by the Reporting Person for the benefit 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) 6,000,000 shares of Class B Common Stock held by trusts f/b/o family members, (iv) 162,553 shares of Class A Common Stock held by a limited liability company controlled by the Reporting Person, and (v) 803,178 shares of Class A Common Stock held f/b/o David D. Smith Family Foundation, Inc., which the Reporting Person controls, but does not derive any benefit. Designates withholding of shares to satisfy the Reporting Person's tax liability The Stock Appreciation Right is exercisable at the price equal in value to the difference between the stock appreciation right's base value of $15.97 per stock appreciation right which is the fair market value of one share as of the grant date and the per share closing price of Sinclair Broadcast Group, Inc. common stock on the date of exercise. Clinton R. Black, V, Esq., on behalf of David D. Smith, by Power of Attorney 2023-03-06