SEC Form 4 · accession 0001231507-15-000001
SALEM MEDIA GROUP, INC. /DE/ · SALM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan D Masyr
Officer — Executive VP & CFO
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 3:14 pm EST
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 StockF1 | Dec 1, 2015 | M | 3,036 | $5.20 | A | 10,054 | D | |
| Class A Common Stock | Dec 1, 2015 | S | 3,036 | $6.20 | D | 7,018 | 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) | $5.20 | Dec 1, 2015 | M | 3,036 | A | Mar 8, 2011 | Mar 8, 2016 | Class A Common Stock | 3,036 | 2,964 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2015.