Filing Details

Accession Number:
0001181431-10-027435
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-17 13:00:00
Reporting Period:
2010-05-13
Filing Date:
2010-05-17
Accepted Time:
2010-05-17 19:23:09
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
1486468 P David Santrella 4880 Santa Rosa Road
Camarillo CA 93012
President - Radio Division 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 2010-05-13 1,600 $0.67 1,600 No 4 M Direct
Class A Common Stock Disposition 2010-05-13 1,600 $4.50 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2010-05-13 1,600 $0.00 1,600 $0.67
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,400 2010-05-04 2015-05-04 No 4 M Direct
Footnotes
  1. 2,067 of these options vested on May 4, 2010, 6,667 options vest on May 4, 2011 and 6,666 will vest on May 4, 2012.