X0306 4 2021-09-30 false 0001050606 SALEM MEDIA GROUP, INC. /DE/ SALM 0001428455 Henderson Christopher J 4880 SANTA ROSA ROAD CAMARILLO CA 93012 false true false false EVP, General Counsel & Secy Class A Commmon Stock 2021-09-30 4 M false 3100.00 2.74 A 18601.00 D Class A Commmon Stock 2021-09-30 4 S false 3100.00 3.7789 D 15501.00 D Class A Commmon Stock 2021-10-01 4 M false 32900.00 2.74 A 48401.00 D Class A Commmon Stock 2021-10-01 4 M false 18750.00 1.34 A 67151.00 D Class A Commmon Stock 2021-10-01 4 S false 51650.00 4.1334 D 15501.00 D Stock Option (right to buy) 2.74 2021-09-30 4 M false 3100.00 0.00 D 2015-03-07 2021-03-07 Class A Common Stock 3100.00 32900.00 D Stock Option (right to buy) 2.74 2021-10-01 4 M false 32900.00 0.00 D 2015-03-07 2021-03-07 Class A Common Stock 32900.00 0.00 D Stock Options (Right to buy) 1.34 2021-10-01 4 M false 18750.00 0.00 D 2021-03-03 2026-03-03 Common Stock 18750.00 56250.00 D This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 18, 2021. This transaction was executed in multiple trades at prices ranging from $3.75 to $3.835. 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 $3.76 to $4.60. 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. /s/Christopher J. Henderson 2021-10-14