ATSINGER EDWARD G III 4
4 · SALEM MEDIA GROUP, INC. /DE/ · Filed Feb 28, 2020
Insider Transaction Report
Form 4
ATSINGER EDWARD G III
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Class A Common Stock
2020-02-26$1.33/sh+12,810$17,072→ 3,750,305 total(indirect: By Trust) - Purchase
Class A Common Stock
2020-02-27$1.24/sh+12,810$15,873→ 3,763,115 total(indirect: By Trust) - Purchase
Class A Common Stock
2020-02-28$1.25/sh+12,810$16,013→ 3,775,925 total(indirect: By Trust)
Holdings
- 107,990
Class A Common Stock
- 25,000(indirect: By Trust)
Class A Common Stock
- 1,090,078(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2019.
- [F2]This transaction was executed in multiple trades at prices ranging from $1.29 to $1.34. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]By Edward G. Atsinger III, as Trustee of the Atsinger Family Trust.
- [F4]This transaction was executed in multiple trades at prices ranging from $1.21 to $1.25. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This transaction was executed in multiple trades at prices ranging from $1.245 to $1.25. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]By Edward G. Atsinger III, as Trustee of the Atsinger 1999 Charitable Remainder Trust.
- [F7]By Edward G. Atsinger III, as Trustee of the Ted Atsinger Irrevocable Trust for all purposes other than voting matters.