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4//SEC Filing

ATSINGER EDWARD G III 4

Accession 0001562180-23-003022

CIK 0001050606other

Filed

Mar 21, 8:00 PM ET

Accepted

Mar 22, 4:24 PM ET

Size

6.0 KB

Accession

0001562180-23-003022

Insider Transaction Report

Form 4
Period: 2023-03-14
ATSINGER EDWARD G III
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Stock Options (Right to buy)

    2023-03-14+200,000200,000 total
    Exercise: $1.06Class A Common Stock (200,000 underlying)
Footnotes (2)
  • [F1]The option was granted under the Issuer's Amended and Restated 1999 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The options shall vest as follows: 66,667 shares shall vest on March 15, 2026, 66,667 shares shall vest on March 15, 2027, and 66,666 shares shall vest on March 15, 2028.
  • [F2]The options shall expire as follows: The first installment of 66,667 shares will expire on March 15, 2031, the second installment of 66,666 shares will expire on March 15, 2032, and the last installment of 66,666 shares will expire on March 15, 2033.

Issuer

SALEM MEDIA GROUP, INC. /DE/

CIK 0001050606

Entity typeother

Related Parties

1
  • filerCIK 0001106066

Filing Metadata

Form type
4
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 4:24 PM ET
Size
6.0 KB