Form 4 for SBGI Sinclair, Inc.
Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-08 · accession 0001250842-24-000011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-12 | 2024-03-08 | SBGI | Ripley Christopher | Pres, CEO | A - Grant | — | +150.3K | 280.5K | +115% | — |
| D | 2024-03-12 | 2024-03-08 | SBGI | Ripley Christopher | Pres, CEO | A - Grant | $0.00 | +1.34M | 3.75M | +56% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-03-08 | A | A | 150,263 | — | 280,538 | D | — | — | (F1) Common Stock issued as Restricted Stock, which vests 50% on March 8, 2025 and 50% on March 8, 2026. (F2) N/A (F3) Common Stock issued as Restricted Stock. The Reporting Person also owns 302,583 shares of Class A Common Stock held in a revocable trust and 4,289.394254 shares of Class A Common Stock held in a 401(k) unitized stock fund. |
| 2 | Derivative | Stock Appreciation Rights | 2024-03-08 | A | A | 1,340,000 | $0.00 | 3,745,477 | D | — · 2024-03-08 to 2034-03-08 | 1,340,000 Class A Common Stock | (F5) Reporting Person also owns 375,000 shares of Class A Common Stock Options. (F4) The Stock Appreciation Right is exercisable at the price equal in value to the difference between the stock appreciation right's base value of $13.31 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, Inc. common stock on the date of exercise. |