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SBGI Sinclair Inc

13.21
-0.09 (-0.68%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sinclair Inc NASDAQ:SBGI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.68% 13.21 10.08 14.99 13.51 13.12 13.49 148,500 05:00:08

Statement of Changes in Beneficial Ownership (4)

26/02/2021 8:33pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FABER BARRY
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)
Pres.,Dist.& Network Relations
(Last)          (First)          (Middle)

10706 BEAVER DAM ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

2/24/2021
(Street)

COCKEYSVILLE, MD 21203
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Class A Common Stock 2/24/2021 (1) F(2)  29599 (3)D$35.295 49086 (4)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The vesting date of restricted shares granted on the Reporting Person on February 24, 2020.
(2) Designates withholding of shares to satisfy the Reporting Person's tax liability.
(3) The total number of shares released to the Reporting Person reflects a full vest of the restricted stock granted on February 24, 2020. The total number of shares released to the Reporting Person was 61303 shares of Class A Common Stock issued as Restricted Stock of which 29599 shares were withheld by the issuer to satisfy the Reporting Person's tax liability.
(4) Common Stock issued as Restricted Stock. Reporting Person also directly owns 3,121.760807 shares of Class A Common Stock held in a 401(k) unitized stock fund and indirectly owns 366 shares of Class A Common Stock held by the Konen Family Trust.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
FABER BARRY
10706 BEAVER DAM ROAD
COCKEYSVILLE, MD 21203


Pres.,Dist.& Network Relations

Signatures
Clinton R. Black, V, Esq., on behalf of Barry Faber, by Power of Attorney2/26/2021
**Signature of Reporting PersonDate

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