UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 2)*
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SINCLAIR BROADCAST GROUP, INC.
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(Name of Issuer)
CLASS A COMMON STOCK, $.01 PAR VALUE
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(Title of Class of Securities)
829226-10-9
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(CUSIP Number)
J. Duncan Smith
c/o Sinclair Broadcast Group, Inc.
10706 Beaver Dam Road
Cockeysville, Maryland 21030
(410) 568-1500
with copies to:
Roger J. Patterson, Esquire
Wilmer, Cutler & Pickering
2445 M Street, N.W.
Washington, D.C. 20037
(202) 663-6000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 10, 1999
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(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 Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 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)
Page 1 of 9
<PAGE>
SCHEDULE 13D/A
<TABLE>
<CAPTION>
- ----------------------------------- -----------------------------------------------
CUSIP NO. 829226-10-9 PAGE 2 OF 9 PAGES
- ----------------------------------- -----------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
DAVID D. SMITH
- -----------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions) (a) [ X ]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See instructions)
OO
- -----------------------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS OR ACTIONS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -----------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -------------------------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 12,716,325.46
WITH -------------------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
12,716,325.46
-------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,716,325.46
- -----------------------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ X ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.1%
- -----------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See instructions)
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13D/A
<TABLE>
<CAPTION>
- ----------------------------------- -----------------------------------------------
CUSIP NO. 829226-10-9 PAGE 3 OF 9 PAGES
- ----------------------------------- -----------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
FREDERICK G. SMITH
- -----------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions) (a) [ X ]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See instructions)
OO
- -----------------------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS OR ACTIONS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -----------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -------------------------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 11,036,171
WITH -------------------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
11,036,171
-------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,036,171
- -----------------------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ X ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6%
- -----------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See instructions)
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13D/A
<TABLE>
<CAPTION>
- ----------------------------------- -----------------------------------------------
CUSIP NO. 829226-10-9 PAGE 4 OF 9 PAGES
- ----------------------------------- -----------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
J. DUNCAN SMITH
- -----------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions) (a) [ X ]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See instructions)
OO
- -----------------------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS OR ACTIONS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -----------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -------------------------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 12,623,321
WITH -------------------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
12,623,321
-------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,623,321
- -----------------------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ X ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.1%
- -----------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See instructions)
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13D/A
<TABLE>
<CAPTION>
- ----------------------------------- -----------------------------------------------
CUSIP NO. 829226-10-9 PAGE 5 OF 9 PAGES
- ----------------------------------- -----------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C>
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
ROBERT E. SMITH
- -----------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions) (a) [ X ]
(b) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See instructions)
OO
- -----------------------------------------------------------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS OR ACTIONS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- -----------------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- -----------------------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -------------------------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 10,488,324
WITH -------------------------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
10,488,324
-------------------------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,488,324
- -----------------------------------------------------------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ X ]
- -----------------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.4%
- -----------------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See instructions)
IN
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 13D/A (CONTINUED) PAGE 6 OF 9
This Amendment No. 2 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.
The principal executive offices of the issuer, Sinclair Broadcast
Group, Inc., are located at 10706 Beaver Dam Road, Cockeysville, Maryland 21030.
ITEM 2. IDENTITY AND BACKGROUND.
(a-c) Following are the names, business addresses and principal
occupations of the individuals filing this statement.
<TABLE>
<CAPTION>
NAME ADDRESS PRINCIPAL OCCUPATION
- ---- ------- --------------------
<S> <C> <C>
(1) David D. Smith 10706 Beaver Dam Road President, Chief Executive Officer and
Cockeysville, Maryland 21030 Chairman of the Board of Sinclair
(2) Frederick G. Smith 10706 Beaver Dam Road Vice President and Director of Sinclair
Cockeysville, Maryland 21030
(3) J. Duncan Smith 10706 Beaver Dam Road Vice President, Secretary and Director
Cockeysville, Maryland 21030 of Sinclair
(4) Robert E. Smith 10706 Beaver Dam Road Director of Sinclair
Cockeysville, Maryland 21030
</TABLE>
(d) None of the persons identified in (1) through (4) on the above table
has, during the last five years, been convicted in a criminal proceeding
(excluding traffic violations, or similar misdemeanors).
(e) None of the persons identified in (1) through (4) on the above table
has, during the last five years, been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
(f) No change.
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
beneficially owned by each member of the group as of December 29, 1999. 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, except
that all of the shares are subject to the Stockholders Agreement, as defined in
the original filing, 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. Each member of the group disclaims beneficial
ownership of the shares beneficially owned by the other members of the group.
<PAGE>
PAGE 7 OF 9
<TABLE>
<CAPTION>
SHARES OF CLASS B COMMON
STOCK BENEFICIALLY OWNED
----------------------------------
PERCENT TOTAL VOTING TOTAL VOTING
NAME NUMBER OF CLASS POWER (1) POWER (2)
------- ---------- --------- --------------- ---------------
<S> <C> <C> <C> <C>
David D. Smith 12,716,325.46 26.7% 24.2% 3.1%
Frederick G. Smith 11,036,171 23.2% 21.0% 2.6%
J. Duncan Smith 12,623,321 26.5% 24.0% 3.1%
Robert E. Smith (3) 10,446,824 21.9% 19.9% 2.4%
Reporting Persons
as a group
(4 persons) (4) 98.3% 89.1% 48.3%
</TABLE>
(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) This column sets 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. This column also 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, Robert E. Smith owns 41,500 shares
of Class A common stock. Due to rounding, the addition of
these shares would not changes the percentages given in the
table.
(4) Includes all shares identified above.
(c) The following table sets forth information regarding transactions
in shares by each member of the group during the sixty days preceding the date
of this Schedule 13D/A.
<TABLE>
<CAPTION>
Date Type of Transaction Number of Shares
---- ------------------- ----------------
<S> <C> <C>
Transactions by David D. Smith
12/29/99 Gift of common stock (1) 86,000
Transactions by Frederick G. Smith
12/17/99 Gift of common stock (1) 320,000
Transactions by J. Duncan Smith
12/16/99 Gift of common stock (1) 128,000
12/30/99 Gift of common stock (1) 5,000
</TABLE>
<PAGE>
PAGE 8 OF 9
<TABLE>
<S> <C> <C>
Transactions by Robert E. Smith
12/15/99 Transfer of Class B common stock from trust (2) 41,500
(1) Class B shares were converted into Class A shares prior to
delivery to the donee.
(2) These shares were converted into Class A shares.
(d) Not applicable.
(e) Not applicable.
</TABLE>
[SIGNATURES APPEAR ON FOLLOWING PAGE]
<PAGE>
PAGE 9 OF 9
SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief,
the undersigned certify that the information set forth in this amendment is
true, complete and correct.
Dated: January 7, 2000
Cockeysville, Maryland
/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
