HENDERSON CHRISTOPHER J (EVP, General Counsel & Secy) sold 28.7% of their position (6.25K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market
Open‑market sale worth $35.1K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 10/25/2021ACC: 0001562180-21-006642
Officer· EVP, General Counsel & Secy
Since Jul 2018
-6.25K
Net shares
Net seller
$35.1K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
6.25K acquired · 12.50K disposed
Non-Derivative Transactions2
Class A Commmon Stock
Direct
Shares
+6.25K
Price / share
$4.85
Trade value
$30.31K
% of position
40.3%
10/22/2021
15.50K→21.75K
Class A Commmon Stock
Direct
Shares
−6.25K
Price / share
$5.61
Trade value
$35.05K
% of position
28.7%
10/22/2021
21.75K→15.50K
Total
Net shares
+0.00
Net value
-$4.74K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Commmon Stock Direct | 10/22/2021 | M · Option Exercise | +6.25K | $4.85 | $30.31K | 40.3% | 15.50K | 21.75K |
| Class A Commmon Stock Direct | 10/22/2021 | S · Sale | −6.25K | $5.61 | $35.05K | 28.7% | 21.75K | 15.50K |
| Total | +0.00 | -$4.74K | ||||||
Derivative Transactions1
Stock Options (right to buy)
Direct
Converts to
Class A Common Stock
6.25K shares
Shares
−6.25K
Strike price
4.85
Held after
18.75K
Exercisable
—
10/22/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options (right to buy) Direct | Class A Common Stock6.25K shares | 10/22/2021 | M · Option Exercise | −6.25K | 4.85 | — | 18.75K |