Filing Details

Accession Number:
0001562180-21-006642
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-25 20:58:45
Reporting Period:
2021-10-22
Accepted Time:
2021-10-25 20:58:45
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
1428455 J Christopher Henderson 4880 Santa Rosa Road
Camarillo CA 93012
Evp, General Counsel & Secy No No 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 Commmon Stock Acquisiton 2021-10-22 6,250 $4.85 21,751 No 4 M Direct
Class A Commmon Stock Disposition 2021-10-22 6,250 $5.61 15,501 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 Options (right to buy) Disposition 2021-10-22 6,250 $0.00 6,250 $4.85
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,750 2017-03-08 2025-03-08 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 18, 2021.
  2. This transaction was executed in multiple trades at prices ranging from $5.50 to $6.00. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  3. The options vest annually in four (4) equal installments commencing March 8, 2017.
  4. Each annual installment of the option expires on the fifth (5th) anniversary of the vesting date. The last installment to vest will expire on March 8, 2025.