-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MhL3HeRa5Kq+3MTS2F07Yfn/hfa4XpMc5i2DLWzHERZ1GBBy2AxwzKgtshsVuIUf Xo+20I9PV7iLIguQCjkHkA== 0001104659-04-040908.txt : 20041222 0001104659-04-040908.hdr.sgml : 20041222 20041222150905 ACCESSION NUMBER: 0001104659-04-040908 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20041222 DATE AS OF CHANGE: 20041222 GROUP MEMBERS: FREDERICK G. SMITH GROUP MEMBERS: J. DUNCAN SMITH GROUP MEMBERS: ROBERT E. SMITH SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44309 FILM NUMBER: 041220602 BUSINESS ADDRESS: STREET 1: 2000 WEST 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 BUSINESS PHONE: 4104675005 MAIL ADDRESS: STREET 1: 2000 W 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SMITH DAVID D CENTRAL INDEX KEY: 0001016817 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2000 WEST 41ST STREET STREET 2: C/O SINCLAIR BROADCAST GROUP CITY: BALTIMORE STATE: MD ZIP: 21211-1420 BUSINESS PHONE: 4104675005 MAIL ADDRESS: STREET 1: C/O SINCLAIR BROADCAST GROUP STREET 2: 2000 WEST 41ST ST CITY: BALTIMORE STATE: MD ZIP: 21211-1420 SC 13D/A 1 a04-15216_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE
COMMISSION

 

 

Washington, D.C. 20549

 

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

SINCLAIR BROADCAST GROUP, INC.

(Name of Issuer)

 

CLASS A COMMON STOCK, $.01 PAR VALUE

(Title of Class of Securities)

 

829226-10-9

(CUSIP Number)

 

J. Duncan Smith

c/o Sinclair Broadcast Group, Inc.

10706 Beaver Dam Road

Cockeysville, Maryland 21030

(410) 568-1500

 

with copies to:

 

Erika Robinson

Wilmer Cutler Pickering LLP

2445 M Street, N.W.

Washington, D.C. 20037

(202) 663-6000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

December 15, 2004

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 



 

CUSIP No.   829226-10-9

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
DAVID D. SMITH

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 ý

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
UNITED STATES

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
38,469,104.8

 

9.

Sole Dispositive Power 
11,153,081.9

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
38,469,104.8

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   ý

 

 

13.

Percent of Class Represented by Amount in Row (11) 
37.4%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

 

2



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
FREDERICK G. SMITH

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 ý

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
UNITED STATES

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
38,469,104.8

 

9.

Sole Dispositive Power 
8,860,990.3

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
38,469,104.8

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   ý

 

 

13.

Percent of Class Represented by Amount in Row (11) 
37.4%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

3



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
J. DUNCAN SMITH

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 ý

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
UNITED STATES

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
38,469,104.8

 

9.

Sole Dispositive Power 
11,002,093

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
38,469,104.8

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   ý

 

 

13.

Percent of Class Represented by Amount in Row (11) 
37.4%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

4



 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
ROBERT E. SMITH

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 ý

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
OO

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization
UNITED STATES

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power 
38,469,104.8

 

9.

Sole Dispositive Power 
7,452,939.6

 

10.

Shared Dispositive Power 
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person 
38,469,104.8

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   ý

 

 

13.

Percent of Class Represented by Amount in Row (11) 
37.4%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

5



 

This Amendment No. 5 is filed to report changes in the beneficial ownership of shares by David D. Smith, Frederick G. Smith, J. Duncan Smith and Robert E. Smith, each of whom is a member of the group, as defined in the original filing, as amended.

 

Item 1.

Security and Issuer

 

 

Item 2.

Identity and Background

 

 

Item 3.

Source and Amount of Funds or Other Consideration

 

 

Item 4.

Purpose of Transaction

 

 

Item 5.

Interest in Securities of the Issuer

 

(a - b)                 The following table sets forth the aggregate number and percentage of shares of Class A common stock and Class B common stock owned individually by each member of the group as of December 15, 2004.  Holders of Class B common stock may exchange their shares of Class B common stock into Class A common stock at any time and therefore, each share of Class B common stock represents beneficial ownership of one share of Class A common stock.  Except as noted, each person has sole power to vote or direct the vote and to dispose or direct the disposition of all of the shares set forth below and no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.   By virtue of the Stockholders Agreement, as defined in the original filing, each member of the group is required to vote all of his Class A and Class B common stock in favor of the other members of the group to cause their election as directors.  Consequently, each member may be deemed to beneficially own the shares of common stock individually owned by the other members.  Nevertheless, each member of the group disclaims beneficial ownership of the shares owned by the other members of the group.

 

 

 

Shares of Class B Stock Owned

 

 

 

 

 

Name

 

Number

 

Percent
of Class B

 

Total Voting
Power (1)

 

Total Voting
Power (2)

 

 

 

 

 

 

 

 

 

 

 

David D. Smith (3)

 

10,870,881.5

 

27.4

%

24.7

%

3.2

%

 

 

 

 

 

 

 

 

 

 

Frederick G. Smith (4)

 

8,358,831

 

21.1

%

19.0

%

2.4

%

 

 

 

 

 

 

 

 

 

 

J. Duncan Smith (5)

 

11,000,000

 

27.8

%

24.9

%

3.2

%

 

 

 

 

 

 

 

 

 

 

Robert E. Smith (6)

 

7,448,855

 

18.8

%

16.9

%

2.0

%

 

 

 

 

 

 

 

 

 

 

Reporting Persons as a group (4 persons)

 

 

 

95.1

%

85.5

%

37.4

%

 


(1)                                  Holders of Class A common stock are entitled to one vote per share and holders of Class B common stock are entitled to ten votes per share except for votes relating to “going private” and certain other transactions.  Holders of both classes of common stock will vote together as a single class on all matters presented for a vote, except as otherwise may be required by Maryland law, and holders of Class B common stock may exchange their shares of Class B common stock into Class A common stock at any time.  This column sets forth the voting power each reporting person has on the matters on which shares of Class B common stock have ten votes per share, and the voting power the reporting persons as a group have on such matters.

 

(2)                                  The first four rows of this column set forth the voting power each reporting person would have on matters on which the shares of Class B common stock have ten votes per share if he converted his shares of Class B common stock to Class A common stock and the other reporting persons did not.  The last  row in this column shows the voting power the reporting persons as a group would have if they all converted their shares of Class B common stock into shares of Class A common stock.

 

(3)                                  In addition, David D. Smith owns 30,000 shares of Class A common stock directly, owns 2200.4 shares of Class A under the issuer’s 401(k) plan and may acquire an additional 250,000 shares of Class A common stock upon exercise of options.  These Class A shares and options have been included for purposes of calculating Total Voting Power set forth above.

 

(4)                                  Includes 401,158 shares of Class B common stock held in an irrevocable trust established by Frederick G. Smith for the benefit of his children of which he is not the trustee.  In addition, Frederick G. Smith

 

6



 

owns 500,000 shares of Class A common stock directly and owns 2,159.3 shares of Class A common stock under the issuer’s 401(k) plan. These Class A shares have been included for purposes of calculating Total Voting Power set forth above.

 

(5)                                  Does not include 510,000 shares of Class B common stock held in an irrevocable trust established by J. Duncan Smith for the benefit of his children of which he is not the trustee.  In addition, J. Duncan Smith owns 2,093 shares of Class A common stock under the issuer’s 401(k) plan, which have been included for purposes of calculating Total Voting Power set forth above.

 

(6)                                  Includes 309,049 shares of Class B common stock held in an irrevocable trust established by Robert E. Smith for the benefit of family members of which he is the trustee but does not include 390,650 shares of Class B common stock held in an irrevocable trust established by Robert E. Smith for the benefit of his children of which he is not the trustee.  In addition, Robert E. Smith may acquire 3,750 shares of Class A common stock upon exercise of options and owns 334.6 shares of Class A common stock under the issuer’s 401(k) plan.  These options and Class A shares have been included for purposes of calculating Total Voting Power set forth above.

 

(c)  The following table sets forth information regarding transactions in shares by each member of the group since the filing of Amendment No. 4 to Schedule 13D.

 

Date

 

Type of Transaction

 

Number of Shares

 

 

 

 

 

Transactions by David D. Smith

 

 

 

 

 

 

 

12/2/04

 

Transfer of Class B common stock (1)

 

118,906

 

 

 

 

 

12/3/04

 

Transfer of Class B common stock (1)

 

120,336

 

 

 

 

 

12/6/04

 

Transfer of Class B common stock (1)

 

60,606

 

 

 

 

 

12/9/04

 

Transfer of Class B common stock (1)

 

59,737

 

 

 

 

 

12/13/04

 

Transfer of Class B common stock (1)

 

59,382

 

 

 

 

 

12/14/04

 

Transfer of Class B common stock (1)

 

57,741

 


(1)

 

 

Transfer pursuant to marital agreement.

 

 

 

Transactions by Robert E. Smith

 

 

 

 

 

 

 

2/18/04

 

Sale of Class B common stock (1)

 

2,600 at $13.25

 

 

 

 

 

2/19/04

 

Sale of Class B common stock (1)

 

9,500 at $13.20

 

 

 

 

 

4/2/04

 

Sale of Class A common stock

 

3,000 at $13.16

 

 

 

 

 

4/2/04

 

Sale of Class A common stock

 

3,000 at $13.17

 

 

 

 

 

4/2/04

 

Sale of Class A common stock

 

4,500 at $13.21

 

 

 

 

 

4/2/04

 

Sale of Class A common stock

 

4,000 at $13.24

 

 

 

 

 

4/2/04

 

Sale of Class A common stock

 

500 at $13.33

 

7



 

4/2/04

 

Sale of Class B common stock (1)

 

63,000 at $13.15

 

 

 

 

 

4/2/04

 

Sale of Class B common stock (1)

 

12,000 at $13.16

 

 

 

 

 

4/2/04

 

Sale of Class B common stock (1)

 

19,170 at $13.18

 

 

 

 

 

4/2/04

 

Sale of Class B common stock (1)

 

830 at $13.19

 

 

 

 

 

4/2/04

 

Sale of Class B common stock (1)

 

21,560 at $13.20

 

 

 

 

 

4/2/04

 

Sale of Class B common stock (1)

 

14,900 at $13.21

 

 

 

 

 

4/5/04

 

Sale of Class B common stock (1)

 

1,000 at $13.10

 

 

 

 

 

4/5/04

 

Sale of Class B common stock (1)

 

8,500 at $13.15

 

 

 

 

 

4/5/04

 

Sale of Class B common stock (1)

 

10,000 at $13.16

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

40,000 at $13.19

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

10,000 at $13.21

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

10,000 at $13.22

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

30,000 at $13.23

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

10,000 at $13.24

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

50,000 at $13.25

 

 

 

 

 

4/6/04

 

Sale of Class B common stock (1)

 

3,000 at $13.27

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

17,500 at $13.20

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

27,500 at $13.21

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

18,500 at $13.22

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

3,000 at $13.23

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

20,000 at $13.24

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

7,195 at $13.25

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

600 at $13.26

 

 

 

 

 

4/7/04

 

Sale of Class B common stock (1)

 

3,000 at $13.30

 


(1)                                                          These shares were converted into Class A shares immediately prior to sale.

 

(d)  Not applicable.

 

(e)  Not applicable.

 

8



 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

 

Item 7.

Material to Be Filed as Exhibits

 

(1)  Joint Filing Agreement.

[SIGNATURES APPEAR ON FOLLOWING PAGE]

 

9



 

SIGNATURES

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this amendment is true, complete and correct.

 

 

Dated:   December 22, 2004

 

 

 

 

/s/ DAVID D. SMITH

 

 

David D. Smith

 

 

 

 

 

/s/ FREDERICK G. SMITH

 

 

Frederick G. Smith

 

 

 

 

 

/s/ J. DUNCAN SMITH

 

 

J. Duncan Smith

 

 

 

 

 

/s/ ROBERT E. SMITH

 

 

Robert E. Smith

 

10


EX-1 2 a04-15216_1ex1.htm EX-1

Exhibit (1)

 

JOINT FILING AGREEMENT AMONG

DAVID D. SMITH, FREDERICK G. SMITH,

J. DUNCAN SMITH and ROBERT E. SMITH

 

 

WHEREAS, in accordance with Rule 13d-1(f) under the Securities and Exchange Act of 1934 (the “Act”), only one joint Statement and any amendments thereto need be filed whenever one or more persons are required to file such a Statement or any amendments thereto pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such Statement or any amendments thereto is filed on behalf of each of them;

 

NOW, THEREFORE, the parties hereto agree as follows:

 

David D. Smith, Frederick G. Smith, J. Duncan Smith and Robert E. Smith do hereby agree, in accordance with Rule 13d-1(f) under the Act, to file Amendment No. 5 to the statement on Schedule 13D relating to their ownership of the Common Stock of Sinclair Broadcast Group, Inc. and do hereby further agree that said statement shall be filed on behalf of each of them.

 

 

Dated:   December 22, 2004

 

 

 

/s/ DAVID D. SMITH

 

 

 

David D. Smith

 

 

 

 

 

 

 

/s/ FREDERICK G. SMITH

 

 

 

Frederick G. Smith

 

 

 

 

 

 

 

/s/ J. DUNCAN SMITH

 

 

 

J. Duncan Smith

 

 

 

 

 

 

 

/s/ ROBERT E. SMITH

 

 

 

Robert E. Smith

 

 


 

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