0001562180-20-002674.txt : 20200324 0001562180-20-002674.hdr.sgml : 20200324 20200324162116 ACCESSION NUMBER: 0001562180-20-002674 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200320 FILED AS OF DATE: 20200324 DATE AS OF CHANGE: 20200324 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: EPPERSON STUART W CENTRAL INDEX KEY: 0001190973 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26497 FILM NUMBER: 20738619 MAIL ADDRESS: STREET 1: 3780 WILL SCARLET RD CITY: WINSTON SALEM STATE: NC ZIP: 27104 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM MEDIA GROUP, INC. /DE/ CENTRAL INDEX KEY: 0001050606 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 770121400 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4880 SANTA ROSA RD CITY: CAMARILLO STATE: CA ZIP: 93012 BUSINESS PHONE: 8059870400 MAIL ADDRESS: STREET 1: 4880 SANTA ROSA RD CITY: CAMARILLO STATE: CA ZIP: 93012 FORMER COMPANY: FORMER CONFORMED NAME: SALEM COMMUNICATIONS CORP /DE/ DATE OF NAME CHANGE: 19971201 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2020-03-20 false 0001050606 SALEM MEDIA GROUP, INC. /DE/ SALM 0001190973 EPPERSON STUART W 3780 WILL SCARLET RD WINSTON SALEM NC 27104 true true true false Chairman of the Board Class A Common Stock 2020-03-20 4 P false 17194.00 0.936 A 103934.00 D Class A Common Stock 2020-03-23 4 P false 18161.00 0.8883 A 122095.00 D Class A Common Stock 2020-03-24 4 P false 21072.00 0.9949 A 143167.00 D Class A Common Stock 1951754.00 D Class A Common Stock 1145720.00 I By Children's Trusts This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2020. This transaction was executed in multiple trades at prices ranging from $0.91 to $0.95. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $0.83 to $0.95. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $0.955 to $1.00. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Stuart W. Epperson and Nancy A. Epperson, as Joint Tenants. Stuart W. Epperson as Trustee of each of the four (4) Epperson Children's Trusts for all purposes other than voting matters. /s/Christopher J. Henderson, Attorney-in-fact for Stuart W. Epperson pursuant to a continuing Power of Attorney 2020-03-24