SEC Form 4 · accession 0001106066-17-000011

· SALM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Jun 27, 2017

Accepted (ET)

Jun 29, 2017 · 3:14 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001050606

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock^F1	Jun 27, 2017	M	100	$4.85	A	42,654	D
Class A Common Stock^F1	Jun 27, 2017	S	100	$7.47	D	42,554	D
Class A Common Stock^F1	Jun 27, 2017	M	2,826	$4.85	A	45,380	D
Class A Common Stock^F1	Jun 27, 2017	S	2,826	$7.45	D	42,554	D
Class A Common Stock^F1	Jun 28, 2017	M	602	$4.85	A	43,156	D
Class A Common Stock^F1	Jun 28, 2017	S	602	$7.45	D	42,554	D
Class A Common Stock^F2	holding	—	—		—	3,211,502	I	By Atsinger Family Trust
Class A Common Stock^F3	holding	—	—		—	1,090,078	I	By Ted Atsinger Irrevocable Trust
Class A Common Stock^F4	holding	—	—		—	25,000	I	By Atsinger 1999 Charitable Remainder Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)	$4.85	Jun 27, 2017	M	2,926	D	Mar 8, 2017	Mar 8, 2022	Class A Common Stock	2,926	3,324	D
Stock Option (right to buy)	$4.85	Jun 28, 2017	M	602	D	Mar 8, 2017	Mar 8, 2022	Class A Common Stock	602	2,722	D

F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2017.
F2By Edward G. Atsinger III, as Trustee of the Atsinger Family Trust.
F3By Edward G. Atsinger III, as Trustee of the Ted Atsinger Irrevocable Trust for all purposes other than voting matters.
F4By Edward G. Atsinger III, as Trustee of the Atsinger 1999 Charitable Remainder Trust.