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