Jacki L. Pick - 14 Mar 2023 Form 4 Insider Report for SALEM MEDIA GROUP, INC. /DE/ (SALM)

Role
Director
Signature
Christopher J. Henderson, as Attorney-in-Fact for Jacki L. Pick pursuant to a continuing Power of Attorney
Issuer symbol
SALM
Transactions as of
14 Mar 2023
Transactions value $
$0
Form type
4
Filing time
22 Mar 2023, 16:26:20 UTC
Previous filing
18 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SALM Stock Options (Right to buy) Award $0 +7,500 $0 7,500 14 Mar 2023 Class A Common Stock 7,500 $1.06 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.