• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 4 filed by Henderson Christopher J

    3/22/23 4:28:18 PM ET
    $SALM
    Broadcasting
    Consumer Discretionary
    Get the next $SALM alert in real time by email
    SEC FORM 4 SEC Form 4
    FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
      
    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
    1. Name and Address of Reporting Person*
    Henderson Christopher J

    (Last) (First) (Middle)
    4880 SANTA ROSA ROAD

    (Street)
    CAMARILLO CA 93012

    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    SALEM MEDIA GROUP, INC. /DE/ [ SALM ]
    5. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    Director 10% Owner
    X Officer (give title below) Other (specify below)
    EVP, General Counsel & Secy
    3. Date of Earliest Transaction (Month/Day/Year)
    03/14/2023
    4. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Rule 10b5-1(c) Transaction Indication

      
    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
    Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
    1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V Amount (A) or (D) Price
    Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
    Stock Options (Right to buy) $1.06 03/14/2023 A 100,000 (1) (2) Class A Common Stock 100,000 $0.00 100,000 D
    Explanation of Responses:
    1. 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.
    2. 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.
    Remarks:
    /s/Christopher J. Henderson 03/22/2023
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $SALM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SALM

    DatePrice TargetRatingAnalyst
    3/8/2022$6.00Buy
    EF Hutton
    12/22/2021$6.00Buy
    Spartan Securities Group
    More analyst ratings

    $SALM
    SEC Filings

    See more
    • SEC Form D filed by Salem Media Group Inc.

      D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)

      4/23/25 11:18:11 AM ET
      $SALM
      Broadcasting
      Consumer Discretionary
    • SEC Form D filed by Salem Media Group Inc.

      D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)

      4/23/25 11:11:10 AM ET
      $SALM
      Broadcasting
      Consumer Discretionary
    • SEC Form D filed by Salem Media Group Inc.

      D - SALEM MEDIA GROUP, INC. /DE/ (0001050606) (Filer)

      4/15/25 1:08:19 PM ET
      $SALM
      Broadcasting
      Consumer Discretionary