Filing Details

Accession Number:
0001181431-14-013382
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-19 17:02:09
Reporting Period:
2014-03-17
Filing Date:
2014-03-19
Accepted Time:
2014-03-19 17:02:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1050606 Salem Communications Corp SALM Radio Broadcasting Stations (4832) 770121400
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428455 J Christopher Henderson 4880 Santa Rosa Road
Camarillo CA 93012
Svp, General Counsel & Secy No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2014-03-17 4,555 $2.38 4,555 No 4 M Direct
Class A Common Stock Disposition 2014-03-17 4,555 $10.00 0 No 4 S Direct
Class A Common Stock Acquisiton 2014-03-19 6,000 $5.20 6,000 No 4 M Direct
Class A Common Stock Disposition 2014-03-19 3,000 $10.00 3,000 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 1,598 $10.02 1,402 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 100 $10.04 1,302 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 295 $10.06 1,007 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 200 $10.07 807 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 200 $10.08 607 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 500 $10.22 107 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 29 $10.23 78 No 4 S Direct
Class A Common Stock Disposition 2014-03-19 78 $10.26 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (Right to buy) Disposition 2014-03-17 4,555 $0.00 4,555 $2.38
Class A Common Stock Stock Option (Right to buy) Disposition 2014-03-19 6,000 $0.00 6,000 $5.20
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-09-28 2018-09-28 No 4 M Direct
0 2014-03-08 2019-03-08 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,207 Indirect In 401(k) Plan
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2013.
  2. Shares purchased under the Issuer's 401(k) Plan.