MASYR EVAN D (EVP & CFO) sold 86.3% of their position (76.75K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market

Open‑market sale worth $318.5K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

MASYR EVAN D

Filed: 11/12/2021ACC: 0001562180-21-006993

InsiderMASYR EVAN DCIK 1231507

→

IssuerSALEM MEDIA GROUP, INC. /DE/CIK 1050606

Officer· EVP & CFO

Since May 2019

-76.75K

Net shares

Net seller

$318.5K

Total sold

Open market trades

0B · 2S

Total transactions

76.75K acquired · 153.50K disposed

Non-Derivative Transactions5

Class A Common Stock

Direct

M · Option Exercise

+48K

Price / share

$2.74

Trade value

$131.52K

% of position

392.7%

11/9/2021

12.22K→60.22K

Class A Common Stock

Direct

S · Sale

−48K

Price / share

$4.12

Trade value

$197.55K

% of position

79.7%

11/9/2021

60.22K→12.22K

Class A Common Stock

Direct

M · Option Exercise

+10K

Price / share

$1.47

Trade value

$14.70K

% of position

81.8%

11/9/2021

12.22K→22.22K

Class A Common Stock

Direct

M · Option Exercise

+18.75K

Price / share

$1.34

Trade value

$25.13K

% of position

84.4%

11/9/2021

22.22K→40.97K

Class A Common Stock

Direct

S · Sale

−28.75K

Price / share

$4.21

Trade value

$120.91K

% of position

70.2%

11/9/2021

40.97K→12.22K

Total

Net shares

+0.00

Net value

-$147.11K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/9/2021	M · Option Exercise	+48K	$2.74	$131.52K	392.7%	12.22K	60.22K
Class A Common Stock Direct	11/9/2021	S · Sale	−48K	$4.12	$197.55K	79.7%	60.22K	12.22K
Class A Common Stock Direct	11/9/2021	M · Option Exercise	+10K	$1.47	$14.70K	81.8%	12.22K	22.22K
Class A Common Stock Direct	11/9/2021	M · Option Exercise	+18.75K	$1.34	$25.13K	84.4%	22.22K	40.97K
Class A Common Stock Direct	11/9/2021	S · Sale	−28.75K	$4.21	$120.91K	70.2%	40.97K	12.22K
Total			+0.00		-$147.11K

Derivative Transactions3

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

48K shares

−48K

Strike price

2.74

Held after

0.00

Exercisable

—

11/9/2021

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

10K shares

−10K

Strike price

1.47

Held after

40K

Exercisable

—

11/9/2021

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

18.75K shares

−18.75K

Strike price

1.34

Held after

56.25K

Exercisable

—

11/9/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (right to buy) Direct	Class A Common Stock48K shares	11/9/2021	M · Option Exercise	−48K	2.74	—	0.00
Stock Options (Right to buy) Direct	Common Stock10K shares	11/9/2021	M · Option Exercise	−10K	1.47	—	40K
Stock Options (Right to buy) Direct	Common Stock18.75K shares	11/9/2021	M · Option Exercise	−18.75K	1.34	—	56.25K