4//SEC Filing
Santrella David P 4
Accession 0001562180-23-003034
CIK 0001050606other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 4:28 PM ET
Size
6.0 KB
Accession
0001562180-23-003034
Insider Transaction Report
Form 4
Santrella David P
President - Radio Division
Transactions
- Award
Stock Options (Right to buy)
2023-03-14+200,000→ 200,000 totalExercise: $1.06→ Class 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 66,667 shares will expire on March 15, 2032, and the last installment of 66,666 shares will expire on March 15, 2033.
Documents
Issuer
SALEM MEDIA GROUP, INC. /DE/
CIK 0001050606
Entity typeother
Related Parties
1- filerCIK 0001486468
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 4:28 PM ET
- Size
- 6.0 KB