Filing Details
- Accession Number:
- 0001181431-14-013382
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-19 17:02:09
- Reporting Period:
- 2014-03-17
- Filing Date:
- 2014-03-19
- Accepted Time:
- 2014-03-19 17:02:09
- 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 |
|---|---|---|---|---|---|---|---|
| 1428455 | J Christopher Henderson | 4880 Santa Rosa Road Camarillo CA 93012 | Svp, General Counsel & Secy | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2014-03-17 | 4,555 | $2.38 | 4,555 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2014-03-17 | 4,555 | $10.00 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2014-03-19 | 6,000 | $5.20 | 6,000 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 3,000 | $10.00 | 3,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 1,598 | $10.02 | 1,402 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 100 | $10.04 | 1,302 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 295 | $10.06 | 1,007 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 200 | $10.07 | 807 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 200 | $10.08 | 607 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 500 | $10.22 | 107 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 29 | $10.23 | 78 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2014-03-19 | 78 | $10.26 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to buy) | Disposition | 2014-03-17 | 4,555 | $0.00 | 4,555 | $2.38 |
| Class A Common Stock | Stock Option (Right to buy) | Disposition | 2014-03-19 | 6,000 | $0.00 | 6,000 | $5.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-09-28 | 2018-09-28 | No | 4 | M | Direct |
| 0 | 2014-03-08 | 2019-03-08 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 1,207 | Indirect | In 401(k) Plan |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2013.
- Shares purchased under the Issuer's 401(k) Plan.
Billionaire Hedge Funds
