0001562180-23-003037.txt : 20230322 0001562180-23-003037.hdr.sgml : 20230322 20230322162836 ACCESSION NUMBER: 0001562180-23-003037 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230314 FILED AS OF DATE: 20230322 DATE AS OF CHANGE: 20230322 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Power Eugene Allen CENTRAL INDEX KEY: 0001960600 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26497 FILM NUMBER: 23753271 MAIL ADDRESS: STREET 1: 6400 NORTH BELT LINE ROAD CITY: IRVING STATE: TX ZIP: 75063 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM MEDIA GROUP, INC. /DE/ CENTRAL INDEX KEY: 0001050606 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 770121400 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6400 NORTH BELT LINE ROAD CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: 8059870400 MAIL ADDRESS: STREET 1: 6400 NORTH BELT LINE ROAD CITY: IRVING STATE: TX ZIP: 75063 FORMER COMPANY: FORMER CONFORMED NAME: SALEM COMMUNICATIONS CORP /DE/ DATE OF NAME CHANGE: 19971201 4 1 primarydocument.xml PRIMARY DOCUMENT X0407 4 2023-03-14 false 0001050606 SALEM MEDIA GROUP, INC. /DE/ SALM 0001960600 Power Eugene Allen 6400 N BELT LINE RD IRVING TX 75063 false true false false President Broadcast Media false Stock Options (Right to buy) 1.06 2023-03-14 4 A false 20000.00 0.00 A Class A Common Stock 20000.00 20000.00 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 option shall vest as follows: 5,000 shares shall vest on March 15, 2024, 5,000 shares shall vest on March 15, 2025, 5,000 shares shall vest on March 15, 2026, and 5,000 shares shall vest on March 15, 2027. The options shall expire as follows: the first installment of 5,000 shares shall expire on March 15, 2029, the second installment of 5,000 shares shall expire on March 15, 2030, the third installment of 5,000 shares shall expire on March 15, 2031 and the last installment of 5,000 shares shall expire on March 15, 2032. Christopher J. Henderson, as Attorney-in-Fact for Power, Eugene Allen pursuant to a continuing Power of Attorney 2023-03-22