Sinclair Broadcast Group CEO, director report share purchases

By Lisa Kerner

Charlotte, N.C., Nov. 19 - Sinclair Broadcast Group Inc. chairman, chief executive officer and president David D. Smith bought 39,000 shares of the company's class A common stock on Sept. 29 for $5.00 per share.

David Smith beneficially owns 10,539,553 shares, or 18.6%, of Sinclair Broadcast class A common shares, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Also in the filing, director Robert E. Smith reported the purchase of 100,000 shares of class A common stock on Oct. 14 for $3.7872 per share and 100,000 shares on Nov. 11 for $2.5119 each.

Robert Smith beneficially owns 7,673,296 shares, or 14.1%, of the Baltimore-based television broadcaster's class A common shares.

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