RUTISHAUSER LUCY 4
4 · Sinclair, Inc. · Filed Mar 12, 2024
Insider Transaction Report
Form 4
Sinclair, Inc.SBGI
RUTISHAUSER LUCY
SVP & CFO
Transactions
- Award
Stock Appreciation Rights
2024-03-08+436,000→ 919,768 totalFrom: 2025-03-08Exp: 2034-03-08→ Class A Common Stock (436,000 underlying) - Award
Class A Common Stock
2024-03-08+37,566→ 113,666 total - Tax Payment
Class A Common Stock
2024-03-08$13.31/sh−18,146$241,523→ 95,520 total
Footnotes (6)
- [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 10,117.378292 shares of Class A Common Stock held in a 401(k) unitized stock fund and 6,536.21 shares of Class A Common Stock held in an Employee Stock Purchase Plan.
- [F4]Designates withholding of shares to satisfy the Reporting Person's tax liability.
- [F5]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.
- [F6]Stock Appreciation Right shall vest 50% on March 8, 2025 and 50% on March 8, 2026.