|
Sinclair Broadcast Group, Inc.
|
|
Class A Common Stock, $0.01 Par Value
|
|
829226109
|
|
January 10, 2018
|
*
|
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 the disclosures provided in a prior cover page.
|
CUSIP No. 829226109
|
|
|
|
|
|
|
|
|
1.
|
|
NAMES OF REPORTING PERSONS
Three Bays Capital LP
|
||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☒
|
||||
3.
|
|
SEC USE ONLY
|
||||
4.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5.
|
|
SOLE VOTING POWER
4,117,518
|
||
|
6.
|
|
SHARED VOTING POWER
—0—
|
|||
|
7.
|
|
SOLE DISPOSITIVE POWER
4,117,518
|
|||
|
8.
|
|
SHARED DISPOSITIVE POWER
—0—
|
|||
9.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,518
|
||||
10.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐
|
||||
11.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%*
|
||||
12.
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN, IA
|
*
|
Based on 76,071,145 shares of Class A Common Stock of Sinclair Broadcast Group, Inc. (the “Issuer”) outstanding as of November 6, 2017, as disclosed in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 8, 2017.
|
CUSIP No. 829226109
|
|
|
|
|
|
|
|
|
1.
|
|
NAMES OF REPORTING PERSONS
TBC GP LLC
|
||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☒
|
||||
3.
|
|
SEC USE ONLY
|
||||
4.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5.
|
|
SOLE VOTING POWER
4,117,518
|
||
|
6.
|
|
SHARED VOTING POWER
—0—
|
|||
|
7.
|
|
SOLE DISPOSITIVE POWER
4,117,518
|
|||
|
8.
|
|
SHARED DISPOSITIVE POWER
—0—
|
|||
9.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,518
|
||||
10.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐
|
||||
11.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%*
|
||||
12.
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
*
|
Based on 76,071,145 shares of Class A Common Stock of the Issuer outstanding as of November 6, 2017, as disclosed in the Issuer’s Form 10-Q filed with the SEC on November 8, 2017.
|
CUSIP No. 829226109
|
|
|
|
|
|
|
|
|
1.
|
|
NAMES OF REPORTING PERSONS
TBC Master LP
|
||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☒
|
||||
3.
|
|
SEC USE ONLY
|
||||
4.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5.
|
|
SOLE VOTING POWER
4,117,518
|
||
|
6.
|
|
SHARED VOTING POWER
—0—
|
|||
|
7.
|
|
SOLE DISPOSITIVE POWER
4,117,518
|
|||
|
8.
|
|
SHARED DISPOSITIVE POWER
—0—
|
|||
9.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,518
|
||||
10.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐
|
||||
11.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%*
|
||||
12.
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
*
|
Based on 76,071,145 shares of Class A Common Stock of the Issuer outstanding as of November 6, 2017, as disclosed in the Issuer’s Form 10-Q filed with the SEC on November 8, 2017.
|
CUSIP No. 829226109
|
|
|
|
|
|
|
|
|
1.
|
|
NAMES OF REPORTING PERSONS
TBC Partners GP LLC
|
||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☒
|
||||
3.
|
|
SEC USE ONLY
|
||||
4.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5.
|
|
SOLE VOTING POWER
4,117,518
|
||
|
6.
|
|
SHARED VOTING POWER
—0—
|
|||
|
7.
|
|
SOLE DISPOSITIVE POWER
4,117,518
|
|||
|
8.
|
|
SHARED DISPOSITIVE POWER
—0—
|
|||
9.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,518
|
||||
10.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐
|
||||
11.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%*
|
||||
12.
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
*
|
Based on 76,071,145 shares of Class A Common Stock of the Issuer outstanding as of November 6, 2017, as disclosed in the Issuer’s Form 10-Q filed with the SEC on November 8, 2017.
|
CUSIP No. 829226109
|
|
|
|
|
|
|
|
|
1.
|
|
NAMES OF REPORTING PERSONS
Matthew Sidman
|
||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐ (b) ☒
|
||||
3.
|
|
SEC USE ONLY
|
||||
4.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5.
|
|
SOLE VOTING POWER
4,117,518
|
||
|
6.
|
|
SHARED VOTING POWER
—0—
|
|||
|
7.
|
|
SOLE DISPOSITIVE POWER
4,117,518
|
|||
|
8.
|
|
SHARED DISPOSITIVE POWER
—0—
|
|||
9.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,117,518
|
||||
10.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
☐
|
||||
11.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4%*
|
||||
12.
|
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
*
|
Based on 76,071,145 shares of Class A Common Stock of the Issuer outstanding as of November 6, 2017, as disclosed in the Issuer’s Form 10-Q filed with the SEC on November 8, 2017.
|
Item 1 (a).
|
Name of Issuer:
|
Item 1 (b).
|
Address of Issuer’s Principal Executive Offices:
|
Item 2 (a).
|
Name of Person Filing:
|
|
(i)
|
Three Bays Capital LP (“Three Bays Capital”), a Delaware limited partnership and investment manager to TBC Master;
|
|
(ii)
|
TBC GP LLC (“TBC GP”), a Delaware limited liability company and the General Partner of Three Bays Capital;
|
|
(iii)
|
TBC Master, a Cayman Islands exempted limited partnership;
|
|
(iv)
|
TBC Partners GP LLC (“TBC Partners GP”), a Delaware limited liability company and the General Partner of TBC Master; and
|
|
(v)
|
Matthew Sidman, the Managing Member of TBC GP and TBC Partners GP.
|
Item 2 (b).
|
Address of Principal Business Office or, if None, Residence:
|
Item 2 (c).
|
Citizenship:
|
Item 2 (d).
|
Title of Class of Securities:
|
Item 2 (e).
|
CUSIP Number:
|
Item 3.
|
Not applicable.
|
Item 4.
|
Ownership.
|
|
(a)
|
Amount beneficially owned: 4,117,518 shares of Class A Common Stock. Such amount includes 700,000 shares of Class A Common Stock underlying listed call options.
|
|
(b)
|
Percent of class: 5.4%
|
|
(c)
|
Number of shares as to which such person has:
|
|
(i)
|
Sole power to vote or to direct the vote: 4,117,518
|
|
(ii)
|
Shared power to vote or to direct the vote: —0—
|
|
(iii)
|
Sole power to dispose or to direct the disposition of: 4,117,518
|
|
(iv)
|
Shared power to dispose or to direct the disposition of: —0—
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
|
Item 8.
|
Identification and Classification of Members of the Group.
|
Item 9.
|
Notice of Dissolution of Group.
|
Item 10.
|
Certification.
|
|
January 11, 2018
|
|
|
|
Date
|
|
|
|
THREE BAYS CAPITAL LP
|
|
|
|
By: TBC GP LLC, its General Partner
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
TBC GP LLC
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
TBC MASTER LP
|
|
|
|
By: TBC Partners GP LLC, its General Partner
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
TBC PARTNERS GP LLC
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
MATTHEW SIDMAN
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/Authorized Signatory*
|
|
Name/Title
|
* Authorized signatory pursuant to power of attorney
|
|
|
|
|
|
|
Exhibit 1
|
|
Joint Filing Agreement, dated as of January 11, 2018, by and among Three Bays Capital LP, TBC GP LLC, TBC Master LP, TBC Partners GP LLC, and Matthew Sidman, as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.
|
|
|
|
January 11, 2018
|
|
|
|
Date
|
|
|
|
THREE BAYS CAPITAL LP
|
|
|
|
By: TBC GP LLC, its General Partner
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
TBC GP LLC
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
TBC MASTER LP
|
|
|
|
By: TBC Partners GP LLC, its General Partner
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
TBC PARTNERS GP LLC
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/General Counsel
|
|
Name/Title
|
|
|
|
MATTHEW SIDMAN
|
|
|
|
/s/ Martha Mensoian
|
|
Signature
|
|
|
|
Martha Mensoian/Authorized Signatory*
|
|
Name/Title
|
* Authorized signatory pursuant to power of attorney
|