Filing Details
- Accession Number:
- 0001486468-16-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-11 19:22:23
- Reporting Period:
- 2016-07-08
- Filing Date:
- 2016-07-11
- Accepted Time:
- 2016-07-11 19:22:23
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1050606 | Salem Media Group Inc. | SALM | Radio Broadcasting Stations (4832) | 770121400 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1486468 | P David Santrella | 4880 Santa Rosa Road Camarillo CA 93012 | President - Broadcast Media | 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 | 2016-07-08 | 29,108 | $2.74 | 35,828 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2016-07-08 | 29,108 | $8.01 | 6,720 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2016-07-11 | 10,065 | $2.74 | 16,785 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2016-07-11 | 10,065 | $8.00 | 6,720 | 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 |
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 | 2016-07-08 | 14,802 | $0.00 | 14,802 | $2.74 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2016-07-08 | 14,306 | $0.00 | 14,306 | $2.74 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2016-07-11 | 4,498 | $0.00 | 4,498 | $2.74 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2016-07-11 | 5,567 | $0.00 | 5,567 | $2.74 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,198 | 2013-03-07 | 2020-03-07 | No | 4 | M | Direct |
| 5,694 | 2014-03-07 | 2021-03-07 | No | 4 | M | Direct |
| 700 | 2013-03-07 | 2020-03-07 | No | 4 | M | Direct |
| 127 | 2014-03-07 | 2021-03-07 | No | 4 | M | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2016.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.09, inclusive. The reporting person undertakes to provide to Salem Media Group, Inc., any security holder of Salem Media Group, Inc., or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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