SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Sussberg Matthew

(Last) (First) (Middle)
9 SUNSET DRIVE NORTH

(Street)
CHAPPAQUA NY 10514

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/05/2012
3. Issuer Name and Ticker or Trading Symbol
SALON MEDIA GROUP INC [ SLNM.OB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President Sales
5. 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
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 87,500 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option(1) (2) 07/25/2022 Common Stock 262,500 $0.01 D
Explanation of Responses:
1. Stock option granted pursuant to Salon Media Group, Inc. 2004 Stock Plan, filed as an exhibit to Salon Media Group, Inc.'s Form 10-K filed on June 26, 2014.
2. Mr. Sussberg was granted an option to purchase up to 350,000 shares of Common stock on July 25, 2012, which vests as to 25% of the option shares one year from the date of grant and then ratably over the following 36 months (1/48 per month). Mr. Sussberg exercised 87,500 options on 7/25/2013.
Remarks:
Upon becoming Vice President Sales on 4/5/2012, Mr. Sussberg was required to file a Statement of Beneficial Ownership on Form 3. The beneficial ownership set forth herein reflects Mr. Sussberg's current holdings.
/s/ Matthew Harold Sussberg 09/05/2014
** 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 5 (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.
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