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4//SEC Filing

SALON MEDIA GROUP INC 4

Accession 0001266454-08-000609

CIK 0001084332operating
View on SEC.govCompany Profile

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 7:52 PM ET

Size

18.8 KB

Accession

0001266454-08-000609

Insider Transaction Report

Form 4
Period: 2008-12-04
SALON MEDIA GROUP INCSLNM.OB
ELLIS ROBERT A
Director
Transactions
  • Disposition to Issuer

    Option to purchase

    2008-12-04−2,000→ 0 total
    Exercise: $2.80Exp: 2011-10-24→ Common Stock (2,000 underlying)
  • Award

    Option to purchase

    2008-12-04+2,000→ 2,000 total
    Exercise: $0.35Exp: 2011-10-24→ Common Stock (2,000 underlying)
  • Award

    Option to purchase

    2008-12-04+25,000→ 25,000 total
    Exercise: $0.35Exp: 2015-02-07→ Common Stock (25,000 underlying)
  • Disposition to Issuer

    Option to purchase

    2008-12-04−3,500→ 0 total
    Exercise: $1.05Exp: 2016-12-07→ Common Stock (3,500 underlying)
  • Disposition to Issuer

    Option to purchase

    2008-12-04−25,000→ 0 total
    Exercise: $2.80Exp: 2015-02-07→ Common Stock (25,000 underlying)
  • Award

    Option to purchase

    2008-12-04+10,000→ 10,000 total
    Exercise: $0.35Exp: 2018-12-04→ Common Stock (10,000 underlying)
  • Award

    Option to purchase

    2008-12-04+3,500→ 3,500 total
    Exercise: $0.35Exp: 2016-12-07→ Common Stock (3,500 underlying)
Footnotes (6)
  • [F1]Option to purchase granted pursuant to Salon Media Group, Inc. 2004 Stock Plan.
  • [F2]The option is exercisable to the extent the shares are vested. 25% of the shares vest after one year, and 2.0833% vest monthly thereafter, provided that the reporting person continues to be employed or otherwise retained by the Issuer.
  • [F3]The reporting person agreed to cancellation of an option granted to him on December 7, 2006, in exchange for a new option having a lower exercise price.
  • [F4]The option is fully vested.
  • [F5]The reporting person agreed to cancellation of an option granted to him on February 7, 2005, in exchange for a new option having a lower exercise price.
  • [F6]The reporting person agreed to cancellation of an option granted to him on October 24, 2001, in exchange for a new option having a lower exercise price.

Documents

1 file

Issuer

SALON MEDIA GROUP INC

CIK 0001084332

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001084332

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 7:52 PM ET
Size
18.8 KB
View on SEC.gov