MASYR EVAN D 4

Accession 0001562180-21-006993

CIK 0001050606other

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 9:35 AM ET

Size

19.1 KB

Accession

0001562180-21-006993

Form 4

Period: 2021-11-09

Senior VP and CFO

Transactions

Exercise/Conversion
Class A Common Stock
2021-11-09$1.47/sh+10,000$14,700→ 22,224 total
Exercise/Conversion
Class A Common Stock
2021-11-09$1.34/sh+18,750$25,125→ 40,974 total
Exercise/Conversion
Stock Option (right to buy)
2021-11-09−48,000→ 0 total
Exercise: $2.74From: 2015-03-07Exp: 2022-03-07→ Class A Common Stock (48,000 underlying)
Exercise/Conversion
Stock Options (Right to buy)
2021-11-09−10,000→ 40,000 total
Exercise: $1.47From: 2021-01-02Exp: 2030-01-02→ Common Stock (10,000 underlying)
Exercise/Conversion
Stock Options (Right to buy)
2021-11-09−18,750→ 56,250 total
Exercise: $1.34From: 2021-03-03Exp: 2029-03-03→ Common Stock (18,750 underlying)
Exercise/Conversion
Class A Common Stock
2021-11-09$2.74/sh+48,000$131,520→ 60,224 total
Sale
Class A Common Stock
2021-11-09$4.12/sh−48,000$197,549→ 12,224 total
Sale
Class A Common Stock
2021-11-09$4.21/sh−28,750$120,905→ 12,224 total

Footnotes (6)

[F1]This transaction was executed in multiple trades at prices ranging from $4.02 to $4.23. 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 was executed in multiple trades at prices ranging from $4.10 to $4.24. 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]The option shall vest fifty percent (50%) on March 7, 2015 and fifty percent (50%) on March 7, 2016. Upon any exercise, the reporting person must hold at least fifty percent (50%) of the shares purchased in each exercise for a period of at least two (2) years.
[F4]The option expires on the fifth (5th) anniversary of each vesting date. The first installment to vest will expire on March 7, 2020 and the last installment to vest will expire on March 7, 2022.
[F5]50,000 options were granted on January 2, 2020. The options vest annually in five (5) equal installments commencing January 2, 2021.
[F6]75,000 options were granted on March 3, 2020. The options vest annually in four (4) equal installments commencing March 3, 2021.

Documents

1 file

SALEM MEDIA GROUP, INC. /DE/

CIK 0001050606

Entity typeother