EVANS DAVID 4
4 · SALEM MEDIA GROUP, INC. /DE/ · Filed May 11, 2018
Insider Transaction Report
Form 4
EVANS DAVID
President - New Business Devel
Transactions
- Award
Stock Options (right to buy)
2018-05-09+40,000→ 40,000 totalExercise: $3.25From: 2019-05-09Exp: 2027-05-09→ Class A Common Stock (40,000 underlying)
Footnotes (2)
- [F1]The options vest annually in four (4) equal installments commencing May 9, 2019.
- [F2]Each annual installment of the option expires on the fifth (5th) anniversary of the vest date. The last installment to vest will expire on May 9, 2027.