0001562180-23-003034.txt : 20230322 0001562180-23-003034.hdr.sgml : 20230322 20230322162805 ACCESSION NUMBER: 0001562180-23-003034 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230314 FILED AS OF DATE: 20230322 DATE AS OF CHANGE: 20230322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Santrella David P CENTRAL INDEX KEY: 0001486468 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26497 FILM NUMBER: 23753263 MAIL ADDRESS: STREET 1: 4880 SANTA ROSA ROAD CITY: CAMARILLO STATE: CA ZIP: 93012 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: 6400 NORTH BELT LINE ROAD CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: 8059870400 MAIL ADDRESS: STREET 1: 6400 NORTH BELT LINE ROAD CITY: IRVING STATE: TX ZIP: 75063 FORMER COMPANY: FORMER CONFORMED NAME: SALEM COMMUNICATIONS CORP /DE/ DATE OF NAME CHANGE: 19971201 4 1 primarydocument.xml PRIMARY DOCUMENT X0407 4 2023-03-14 false 0001050606 SALEM MEDIA GROUP, INC. /DE/ SALM 0001486468 Santrella David P 6400 N BELT LINE ROAD IRVING TX 75063 false true false false Chief Executive Officer false Stock Options (Right to buy) 1.06 2023-03-14 4 A false 200000.00 0.00 A Class A Common Stock 200000.00 200000.00 D The option was granted under the Issuer's Amended and Restated 1999 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The options shall vest as follows: 66,667 shares shall vest on March 15, 2026, 66,667 shares shall vest on March 15, 2027, and 66,666 shares shall vest on March 15, 2028. The options shall expire as follows: The first installment of 66,667 shares will expire on March 15, 2031, the second installment of 66,667 shares will expire on March 15, 2032, and the last installment of 66,666 shares will expire on March 15, 2033. /s/Christopher J. Henderson, Attorney-in-fact for David P. Santrella pursuant to a continuing Power of Attorney 2023-03-22