MASYR EVAN D 4
4 · SALEM MEDIA GROUP, INC. /DE/ · Filed Mar 22, 2023
Insider Transaction Report
Form 4
MASYR EVAN D
Senior VP and CFO
Transactions
- Award
Stock Options (Right to buy)
2023-03-14+100,000→ 100,000 totalExercise: $1.06→ Class A Common Stock (100,000 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: 33,334 shares shall vest on March 15, 2026, 33,333 shares shall vest on March 15, 2027, and 33,333 shares shall vest on March 15, 2028.
- [F2]The options shall expire as follows: The first installment of 33,334 shares will expire on March 15, 2031, the second installment of 33,333 shares will expire on March 15, 2032; and the last installment of 33,333 shares will expire on March 15, 2033.