Filing Details

Accession Number:
0001562180-21-006986
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-10 20:12:58
Reporting Period:
2021-11-08
Accepted Time:
2021-11-10 20:12:58
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 6400 N Belt Line Road
Irving TX 75063
President - Broadcast Media 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 Common Stock Acquisiton 2021-11-08 40,000 $2.74 75,851 No 4 M Direct
Class A Common Stock Disposition 2021-11-08 40,000 $4.06 35,851 No 4 S Direct
Class A Common Stock Acquisiton 2021-11-09 5,000 $1.47 40,851 No 4 M Direct
Class A Common Stock Acquisiton 2021-11-09 25,000 $1.34 65,851 No 4 M Direct
Class A Common Stock Disposition 2021-11-09 30,000 $4.05 35,851 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 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 2021-11-08 40,000 $0.00 40,000 $2.74
Class A Common Stock Stock Options (Right to buy) Disposition 2021-11-09 5,000 $0.00 5,000 $1.47
Common Stock Stock Options (Right to buy) Disposition 2021-11-09 25,000 $0.00 25,000 $1.34
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-03-07 2022-03-07 No 4 M Direct
95,000 2021-01-21 2030-01-02 No 4 M Direct
75,000 2021-03-03 2029-03-03 No 4 M Direct
Footnotes
  1. This transaction is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $3.98 to $4.14. 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.
  2. This transaction is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $4.00 to $4.20. 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. This option is fully vested.
  4. 100,000 options were granted on January 2, 2020.The options vest annually in five (5) equal installments commencing January 2, 2021.
  5. 100,000 options were granted on March 3, 2020.The options vest annually in four (4) equal installments commencing March 3, 2021.