X0306 4 2018-02-19 0 0000912752 SINCLAIR BROADCAST GROUP INC SBGI 0001605310 Ripley Christopher 10706 BEAVER DAM ROAD COCKEYSVILLE MD 21030 0 1 0 0 President & CEO Stock Appreciation Right 2018-02-19 4 A 0 225000 0 A 2018-02-19 2028-02-19 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 $36.65 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 Broadcast Group, Inc. common stock on the date of exercise. Clinton R. Black, V, Esq., on behalf of Christopher Ripley, by Power of Attorney 2018-02-21