5//SEC Filing
Epperson 2022 GST Trust 5
Accession 0000899243-23-004968
CIK 0001050606other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 3:39 PM ET
Size
6.3 KB
Accession
0000899243-23-004968
Insider Transaction Report
Form 5
Epperson 2022 GST Trust
10% Owner
Transactions
- Gift
Class B Common Stock
2022-05-03+2,776,848→ 2,776,848 total→ Class A Common Stock (2,776,848 underlying)
Footnotes (2)
- [F1]Each share of Class B Common Stock is convertible into one of share of Class A Common Stock at any time, at the holder's election and upon the occurrence of other events set forth in the Issuer's Amended and Restated Certificate of Incorporation.
- [F2]On May 3, 2022, Stuart W. Epperson transferred 2,776,848 shares of Class B Common Stock to the Epperson 2022 GST Trust for the benefit of his descendants. Stuart W. Epperson has not retained any voting or dispositive power over such gifted shares. This was a bona fide gift with no payment in consideration.
Documents
Issuer
SALEM MEDIA GROUP, INC. /DE/
CIK 0001050606
Entity typeother
IncorporatedNC
Related Parties
1- filerCIK 0001962379
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 3:39 PM ET
- Size
- 6.3 KB