4//SEC Filing
Santrella David P 4
Accession 0001562180-21-006986
CIK 0001050606other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 8:12 PM ET
Size
18.6 KB
Accession
0001562180-21-006986
Insider Transaction Report
Form 4
Santrella David P
President - Radio Division
Transactions
- Sale
Class A Common Stock
2021-11-08$4.06/sh−40,000$162,508→ 35,851 total - Exercise/Conversion
Class A Common Stock
2021-11-09$1.34/sh+25,000$33,500→ 65,851 total - Sale
Class A Common Stock
2021-11-09$4.05/sh−30,000$121,353→ 35,851 total - Exercise/Conversion
Stock Options (Right to buy)
2021-11-09−5,000→ 95,000 totalExercise: $1.47From: 2021-01-21Exp: 2030-01-02→ Class A Common Stock (5,000 underlying) - Exercise/Conversion
Stock Options (Right to buy)
2021-11-09−25,000→ 75,000 totalExercise: $1.34From: 2021-03-03Exp: 2029-03-03→ Common Stock (25,000 underlying) - Exercise/Conversion
Class A Common Stock
2021-11-08$2.74/sh+40,000$109,600→ 75,851 total - Exercise/Conversion
Class A Common Stock
2021-11-09$1.47/sh+5,000$7,350→ 40,851 total - Exercise/Conversion
Stock Option (right to buy)
2021-11-08−40,000→ 0 totalExercise: $2.74From: 2015-03-07Exp: 2022-03-07→ Class A Common Stock (40,000 underlying)
Footnotes (5)
- [F1]This transaction is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $3.98 to $4.14. 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.
- [F2]This transaction is exempt under Rule 16b-3 and was executed in multiple trades at prices ranging from $4.00 to $4.20. 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 option is fully vested.
- [F4]100,000 options were granted on January 2, 2020.The options vest annually in five (5) equal installments commencing January 2, 2021.
- [F5]100,000 options were granted on March 3, 2020.The options vest annually in four (4) equal installments commencing March 3, 2021.
Documents
Issuer
SALEM MEDIA GROUP, INC. /DE/
CIK 0001050606
Entity typeother
Related Parties
1- filerCIK 0001486468
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 8:12 PM ET
- Size
- 18.6 KB