X0306 4/A 2018-02-28 2018-02-21 0 0000912752 SINCLAIR BROADCAST GROUP INC SBGI 0001605310 Ripley Christopher 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 0 1 0 0 President and CEO Stock Appreciation Right 2018-02-28 4 A 0 225000 0 A 2018-02-28 2028-02-28 Class A Common Stock 225000 225000 D The Stock Appreciation Right is exercisable at the price equal in value to the difference between the stock appreciation right's base value of $33.80 per stock appreciation right which is the fair market value of one share as of the grant date, and per share closing price of Sinclair Broadcast Group, Inc. common stock on the date of exercise. This Amendment is being filed to correct the transaction date of the Stock Appreciation Right grant, the exercisable date and the expiration date of the Stock Appreciation Right, and the base value per stock appreciation right as of the amended grant date. The transaction date of the Stock Appreciation Right grant, the exercisable date and expiration date of the Stock Appreciation Right, and the base value per stock appreciation right is hereby amended and replaced with the transaction date, exercisable date, expiration date, and base value per stock appreciation right shown on this Amendment. Clinton R. Black, V, Esq., on behalf of Christopher Ripley, by Power of Attorney 2018-03-02