Amended Statement of Changes in Beneficial Ownership (4/a)
March 05 2020 - 4:04PM
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
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Ripley Christopher |
2. Issuer Name and Ticker or Trading Symbol
SINCLAIR BROADCAST GROUP INC
[
SBGI
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President & CEO |
(Last)
(First)
(Middle)
10706 BEAVER DAM ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/26/2020 |
(Street)
COCKEYSVILLE, MD 21030
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
2/27/2020 |
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Class A Common Stock | 2/26/2020 (1) | | F(2) | | 17973 (3) | D | $27.67 | 299379 (4) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | The first vesting date of restricted shares granted to the Reporting Person on February 26, 2019. |
(2) | Designates withholding of shares to satisfy the Reporting Person's tax liability |
(3) | The total number of shares released to the Reporting Person was 37,500 shares of Class A Common Stock issued as Restricted Stock of which 17,973 shares were withheld by the issuer to satisfy the Reporting Person's tax liability. |
(4) | Common Stock issued as Restricted Stock. Reporting Person also owns 15,406 shares of Class A Common Stock held in an revocable trust and 755.878399 shares of Class A Common Stock held in a 401(k) unitized stock fund. |
Remarks: This Amendment is being filed to add footnotes columns 2, 3 and 4 to clarify and explain the transaction described on the Form 4 filed on February 27, 2020. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Ripley Christopher 10706 BEAVER DAM ROAD COCKEYSVILLE, MD 21030 |
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| President & CEO |
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Signatures
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Clinton R. Black, V, Esq., on behalf of Christopher Ripley, by Power of Attorney | | 3/5/2020 |
**Signature of Reporting Person | Date |
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