4//SEC Filing
Santrella David P 4
Accession 0001562180-21-002226
CIK 0001050606other
Filed
Mar 11, 7:00 PM ET
Accepted
Mar 12, 9:31 PM ET
Size
20.5 KB
Accession
0001562180-21-002226
Insider Transaction Report
Form 4
Santrella David P
President - Radio Division
Transactions
- Exercise/Conversion
Class A Common Stock
2021-03-10$2.74/sh+5,716$15,662→ 41,567 total - Sale
Class A Common Stock
2021-03-10$3.27/sh−5,716$18,699→ 35,851 total - Sale
Class A Common Stock
2021-03-12$3.34/sh−2,030$6,776→ 35,851 total - Exercise/Conversion
Stock Option (right to buy)
2021-03-11−12,254→ 87,746 totalExercise: $2.74From: 2015-03-07Exp: 2022-03-07→ Class A Common Stock (12,254 underlying) - Exercise/Conversion
Stock Option (right to buy)
2021-03-12−2,030→ 97,970 totalExercise: $2.74From: 2015-03-07Exp: 2022-03-07→ Class A Common Stock (2,030 underlying) - Sale
Class A Common Stock
2021-03-11$3.29/sh−12,254$40,283→ 35,851 total - Exercise/Conversion
Class A Common Stock
2021-03-12$2.74/sh+2,030$5,562→ 37,881 total - Exercise/Conversion
Stock Option (right to buy)
2021-03-10−5,716→ 54,824 totalExercise: $2.74From: 2015-03-07Exp: 2022-03-07→ Class A Common Stock (5,716 underlying) - Exercise/Conversion
Class A Common Stock
2021-03-11$2.74/sh+12,254$33,576→ 48,105 total
Footnotes (5)
- [F1]Acquisition of shares by exercise of options in a transaction exempt under Rule 16b-3.
- [F2]This transaction is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $3.27 to $3.28. 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 is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $3.27 to $3.34. 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.
- [F4]This transaction is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $3.28 to $3.39. 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 option is fully vested.
Documents
Issuer
SALEM MEDIA GROUP, INC. /DE/
CIK 0001050606
Entity typeother
Related Parties
1- filerCIK 0001486468
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 7:00 PM ET
- Accepted
- Mar 12, 9:31 PM ET
- Size
- 20.5 KB