Filing Details
- Accession Number:
- 0001181431-14-023549
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-06-10 18:27:01
- Reporting Period:
- 2014-06-06
- Filing Date:
- 2014-06-10
- Accepted Time:
- 2014-06-10 17:27:01
- 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 |
|---|---|---|---|---|---|---|---|
| 1106066 | Iii G Edward Atsinger | 4880 Santa Rosa Road Camarillo CA 93012 | Chief Executive Officer | Yes | 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 | 2014-06-06 | 8,502 | $5.20 | 8,502 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2014-06-06 | 8,502 | $8.60 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2014-06-09 | 65,256 | $5.20 | 65,256 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2014-06-09 | 65,256 | $8.60 | 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 |
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 | 2014-06-06 | 8,502 | $0.00 | 8,502 | $5.20 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2014-06-09 | 5,256 | $0.00 | 5,256 | $5.20 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2014-06-09 | 20,000 | $0.00 | 20,000 | $5.20 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2014-06-09 | 20,000 | $0.00 | 20,000 | $5.20 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2014-06-09 | 20,000 | $0.00 | 20,000 | $5.20 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,256 | 2011-03-08 | 2016-03-08 | No | 4 | M | Direct |
| 0 | 2011-03-08 | 2016-03-08 | No | 4 | M | Direct |
| 0 | 2012-03-08 | 2017-03-08 | No | 4 | M | Direct |
| 0 | 2013-03-08 | 2018-03-08 | 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 | 3,211,502 | Indirect | By Edward G. Atsinger III Trust |
| Class A Common Stock | 1,090,078 | Indirect | By Ted Atsinger Irrevocable Trust |
| Class A Common Stock | 25,000 | Indirect | By Atsinger 1999 Charitable Remainder Trust |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 30, 2014.
- By Edward G. Atsinger III, as Trustee of the Edward G. Atsinger III Trust.
- By Edward G. Atsinger III, as Trustee of the Ted Atsinger Irrevocable Trust for all purposes other than voting.
- By Edward G. Atsinger III, as Trustee of the Atsinger 1999 Charitable Remainder Trust.
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