SEC Form 4 · accession 0001200366-16-000004
SALEM MEDIA GROUP, INC. /DE/ · SALM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Evans
Officer — President - New Media
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 4:45 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 | May 25, 2016 | S | 8,901 | $6.75 | D | 25,000 | D | |
| Class A Common Stock | May 25, 2016 | M | 746 | $2.74 | A | 25,746 | D | |
| Class A Common Stock | May 25, 2016 | S | 746 | $6.75 | D | 25,000 | D | |
| Class A Common Stock | May 27, 2016 | M | 12,558 | $2.74 | A | 37,558 | D | |
| Class A Common Stock | May 27, 2016 | M | 36,496 | $2.74 | A | 74,054 | D | |
| Class A Common Stock | May 27, 2016 | M | 200 | $2.74 | A | 74,254 | D | |
| Class A Common Stock | May 27, 2016 | S | 200 | $6.71 | D | 74,054 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $2.74 | May 25, 2016 | M | 746 | D | Mar 7, 2012 | Mar 7, 2021 | Class A Common Stock | 746 | 12,758 | D |
| Stock Option (right to buy) | $2.74 | May 27, 2016 | M | 12,558 | D | Mar 7, 2012 | Mar 7, 2021 | Class A Common Stock | 12,558 | 200 | D |
| Stock Option (right to buy) | $2.74 | May 27, 2016 | M | 200 | D | Mar 7, 2012 | Mar 7, 2021 | Class A Common Stock | 200 | 0 | D |
| Stock Option (right to buy) | $2.74 | May 27, 2016 | M | 36,496 | D | Mar 7, 2012 | Mar 7, 2021 | Class A Common Stock | 36,496 | 0 | D |