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Filing Details

Accession Number:: 0001181431-10-015659
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-11 12:00:00
Reporting Period:: 2010-03-09

Filing Date:: 2010-03-11
Accepted Time:: 2010-03-11 17:19:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1050606	Salem Communications Corp	SALM	Radio Broadcasting Stations (4832)	770121400

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1231507	D Evan Masyr	4880 Santa Rosa Road Camarillo CA 93012	Senior Vp And Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2010-03-09	400	$0.56	4,400	No	4	M	Direct
Class A Common Stock	Disposition	2010-03-09	100	$5.20	4,300	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-09	100	$5.21	4,200	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-09	200	$5.25	4,000	No	4	S	Direct
Class A Common Stock	Acquisiton	2010-03-10	14,057	$0.56	18,057	No	4	M	Direct
Class A Common Stock	Disposition	2010-03-10	300	$5.26	17,757	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	200	$5.33	17,557	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	300	$5.30	17,257	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	96	$5.38	17,161	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	414	$5.39	16,747	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	2	$5.43	16,745	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	591	$5.37	16,154	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	697	$5.36	15,457	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	800	$5.34	14,657	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	400	$5.40	14,257	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	300	$5.35	13,957	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	600	$5.32	13,357	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	569	$5.31	12,788	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	200	$5.27	12,588	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	1,100	$5.25	11,488	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	900	$5.21	10,588	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	2,388	$5.29	8,200	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	1,600	$5.22	6,600	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	500	$5.23	6,100	No	4	S	Direct
Class A Common Stock	Disposition	2010-03-10	2,100	$5.20	4,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (right to buy)	Disposition	2010-03-09	400	$0.00	400	$0.56
Class A Common Stock	Stock Option (right to buy)	Disposition	2010-03-10	14,057	$0.00	14,057	$0.56

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,457	2010-02-24	2015-02-24	No	4	M	Direct
6,400	2010-02-24	2010-02-15	No	4	M	Direct