SEC Form 4 · accession 0001428455-17-000003
SALEM MEDIA GROUP, INC. /DE/ · SALM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Henderson
Officer — SVP, General Counsel & Secy
Period of report
Jun 27, 2017
Accepted (ET)
Jun 29, 2017 · 4:18 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 StockF1 | Jun 27, 2017 | M | 8 | $2.38 | A | 8 | D | |
| Class A Common StockF1 | Jun 27, 2017 | S | 8 | $7.50 | D | 0 | D | |
| Class A Common StockF1 | Jun 28, 2017 | M | 100 | $2.38 | A | 100 | D | |
| Class A Common StockF1 | Jun 28, 2017 | S | 100 | $7.50 | D | 0 | D | |
| Class A Common StockF2 | holding | — | — | — | 1,613 | I | In 401(k) Plan |
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) | $2.38 | Jun 27, 2017 | M | 8 | D | Sep 28, 2015 | Sep 28, 2020 | Class A Common Stock | 8 | 6,992 | D |
| Stock Option (right to buy) | $2.38 | Jun 28, 2017 | M | 100 | D | Sep 28, 2015 | Sep 28, 2020 | Class A Common Stock | 100 | 6,892 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 30, 2017.
- F2Shares purchased under Issuer's 401(k) Plan.