SEC Form 4 · accession 0001562180-18-003270
SALEM MEDIA GROUP, INC. /DE/ · SALM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Henderson
Officer — EVP, General Counsel & Secy
Period of report
Jul 6, 2018
Accepted (ET)
Jul 10, 2018 · 5:23 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 | Jul 6, 2018 | M | 4,365 | $2.38 | A | 4,365 | D | |
| Class A Common StockF1 | Jul 6, 2018 | S | 4,365 | $6.25 | D | 0 | 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) | $2.38 | Jul 6, 2018 | M | 4,365 | D | Sep 28, 2015 | Sep 28, 2020 | Class A Common Stock | 4,365 | 2,527 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2018.