SALON MEDIA GROUP INC 4

Accession 0001266454-08-000614

CIK 0001084332operating

View on SEC.gov Company Profile

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 7:54 PM ET

Size

35.9 KB

Accession

0001266454-08-000614

Insider Transaction Report

Form 4

Period: 2008-12-04

SALON MEDIA GROUP INCSLNM.OB

Talbot David Lyle

DirectorChief Executive Officer

Transactions

Disposition to Issuer
Option to purchase
2008-12-04−15,000→ 0 total
Exercise: $2.80Exp: 2011-10-24→ Common Stock (15,000 underlying)
Disposition to Issuer
Option to purchase
2008-12-04−2,000→ 0 total
Exercise: $7.00Exp: 2011-05-03→ Common Stock (2,000 underlying)
Disposition to Issuer
Option to purchase
2008-12-04−719→ 0 total
Exercise: $7.40Exp: 2011-03-22→ Common Stock (719 underlying)
Award
Option to purchase
2008-12-04+2,000→ 2,000 total
Exercise: $0.35Exp: 2011-05-03→ Common Stock (2,000 underlying)
Disposition to Issuer
Option to purchase
2008-12-04−250,000→ 0 total
Exercise: $2.80Exp: 2015-02-07→ Common Stock (250,000 underlying)
Disposition to Issuer
Option to purchase
2008-12-04−5,875→ 0 total
Exercise: $40.00Exp: 2010-08-17→ Common Stock (5,875 underlying)
Award
Option to purchase
2008-12-04+3,500→ 3,500 total
Exercise: $0.35Exp: 2016-12-07→ Common Stock (3,500 underlying)
Award
Option to purchase
2008-12-04+719→ 719 total
Exercise: $0.35Exp: 2011-03-22→ Common Stock (719 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)
Award
Option to purchase
2008-12-04+250,000→ 250,000 total
Exercise: $0.35Exp: 2015-02-07→ Common Stock (250,000 underlying)
Award
Option to purchase
2008-12-04+15,000→ 15,000 total
Exercise: $0.35Exp: 2011-10-24→ Common Stock (15,000 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+12,500→ 12,500 total
Exercise: $0.35Exp: 2009-06-23→ Common Stock (12,500 underlying)
Award
Option to purchase
2008-12-04+5,875→ 5,875 total
Exercise: $0.35Exp: 2010-08-17→ Common Stock (5,875 underlying)
Disposition to Issuer
Option to purchase
2008-12-04−12,500→ 0 total
Exercise: $201.20Exp: 2009-06-23→ Common Stock (12,500 underlying)

Footnotes (10)

[F1]Option to purchase granted pursuant to Salon Media Group, Inc. 2004 Stock Plan.
[F10]The reporting person agreed to cancellation of an option granted to him on June 23, 1999, in exchange for a new option having a lower exercise price.
[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.
[F7]The reporting person agreed to cancellation of an option granted to him on May 3, 2001, in exchange for a new option having a lower exercise price.
[F8]The reporting person agreed to cancellation of an option granted to him on March 22, 2001, in exchange for a new option having a lower exercise price.
[F9]The reporting person agreed to cancellation of an option granted to him on August 17, 2000, in exchange for a new option having a lower exercise price.

Documents

1 file

4
salon_form4-talbotex.xmlPrimary

Issuer

SALON MEDIA GROUP INC

CIK 0001084332

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001084332

Filing Metadata

Form type: 4
Filed: Dec 7, 7:00 PM ET
Accepted: Dec 8, 7:54 PM ET
Size: 35.9 KB

View on SEC.gov