EPPERSON STUART W 4
4 · SALEM MEDIA GROUP, INC. /DE/ · Filed Mar 19, 2020
Insider Transaction Report
Form 4
EPPERSON STUART W
DirectorChairman of the Board10% Owner
Transactions
- Purchase
Class A Common Stock
2020-03-17$0.97/sh+17,194$16,613→ 52,352 total - Purchase
Class A Common Stock
2020-03-18$0.91/sh+17,194$15,579→ 69,546 total - Purchase
Class A Common Stock
2020-03-19$0.85/sh+17,194$14,574→ 86,740 total
Holdings
- 1,951,754
Class A Common Stock
- 1,145,720(indirect: By Trust)
Class A Common Stock
Footnotes (6)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2020.
- [F2]This transaction was executed in multiple trades at prices ranging from $0.964 to $0.991. 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]This transaction was executed in multiple trades at prices ranging from $0.871 to $0.9173. 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.
- [F4]This transaction was executed in multiple trades at prices ranging from $0.78 to $0.87. 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]Stuart W. Epperson and Nancy A. Epperson, as Joint Tenants.
- [F6]Stuart W. Epperson as Trustee of each of the four (4) Epperson Children's Trusts for all purposes other than voting matters.