Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.    )

 

 

Filed by the Registrant  ☒                             Filed by a Party other than the Registrant  ☐

Check the appropriate box:

 

  Preliminary Proxy Statement
  Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
  Definitive Proxy Statement
  Definitive Additional Materials
  Soliciting Material Pursuant to Rule §240.14a-12

SALEM MEDIA GROUP, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

  No fee required.
  Fee paid previously with preliminary materials.
  Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

 

 


Table of Contents

                       LOGO

 

                                                 SALEM MEDIA GROUP, INC.

 

                                                 ATTN: LEGAL DEPARTMENT

 

                                                 6400 NORTH BELT LINE ROAD

                                                 IRVING, TX 75063

 

 

 

 

                                     V01112-P86736

 

                                                 

   LOGO
  

You invested in SALEM MEDIA GROUP, INC. and it’s time to vote!

You have the right to vote on proposals being presented at the Annual Meeting. This is an important notice regarding the availability of proxy material for the stockholder meeting to be held on May 17, 2023.

Get informed before you vote

View the Notice and Proxy Statement and Form 10-K online OR you can receive a free paper or email copy of the material(s) by requesting prior to May 3, 2023. If you would like to request a copy of the material(s) for this and/or future stockholder meetings, you may (1) visit www.ProxyVote.com, (2) call 1-800-579-1639 or (3) send an email to sendmaterial@proxyvote.com. If sending an email, please include your control number (indicated below) in the subject line. Unless requested, you will not otherwise receive a paper or email copy.

 

LOGO

 

Smartphone users   

LOGO     

  

Vote Virtually at the Meeting*

May 17, 2023

11:30 a.m. CDT

 

Point your camera here and

vote without entering a
control number
LOGO                        

www.virtualshareholdermeeting.com/SALM2023

    

 

 

 

    *Please check the meeting materials for any special requirements for meeting attendance.   
   V1.1


Table of Contents

   Vote at www.ProxyVote.com

 

 

  THIS IS NOT A VOTABLE BALLOT

This is an overview of the proposals being presented at the

upcoming stockholder meeting. Please follow the instructions on

the reverse side to vote these important matters.

 

  Voting Items  

Board Recommends

 
  1.    The election of the seven (7) nominees named in the accompanying Proxy Statement to the Board of Directors to serve until the next Annual Meeting of Stockholders or until their respective successors are duly elected and qualified.    
 
   Nominees:    
 
  1a.    Edward G. Atsinger III   LOGO   For
 
  1b.    Richard A. Riddle†   LOGO   For
 
  1c.    Eric H. Halvorson†   LOGO   For
 
  1d.    Heather W. Grizzle   LOGO   For
 
  1e.    Stuart W. Epperson, Jr.   LOGO   For
 
  1f.    Edward C. Atsinger   LOGO   For
 
  1g.    Jacki L. Pick   LOGO   For
 
  2.    Ratification of the appointment of Moss Adams LLP as the Company’s independent registered accounting firm.   LOGO   For
 
  3.    Approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation.   LOGO   For

NOTE: At their discretion, the proxies are authorized to consider and vote upon such other business as may properly come before the meeting or any adjournment thereof.

       

The holders of Salem’s Class A common stock are entitled to vote on the election of the two additional nominees as independent directors, Messrs. Riddle and Halvorson.

       
       

    

 

 

 

    

      

 

 

Prefer to receive an email instead? While voting on www.ProxyVote.com, be sure to click “Sign up for E-delivery”.

 

V01113-P86736


Table of Contents

 

 

 

 

                                     V01116-P86617

 

                                                 

   LOGO
  

You invested in SALEM MEDIA GROUP, INC. and it’s time to vote!

You have the right to vote on proposals being presented at the Annual Meeting. This is an important notice regarding the availability of proxy material for the shareholder meeting to be held on May 17, 2023.

Get informed before you vote

View the Notice and Proxy Statement and Form 10-K online OR you can receive a free paper or email copy of the material(s) by requesting prior to May 3, 2023. If you would like to request a copy of the material(s) for this and/or future shareholder meetings, you may (1) visit www.ProxyVote.com, (2) call 1-800-579-1639 or (3) send an email to sendmaterial@proxyvote.com. If sending an email, please include your control number (indicated below) in the subject line. Unless requested, you will not otherwise receive a paper or email copy.

 

LOGO

 

Smartphone users   

LOGO     

  

Vote Virtually at the Meeting*

May 17, 2023

11:30 a.m. CDT

 

Point your camera here and

vote without entering a
control number
LOGO                        

www.virtualshareholdermeeting.com/SALM2023

    

 

 

 

    *Please check the meeting materials for any special requirements for meeting attendance.   
   V1.1


Table of Contents

   Vote at www.ProxyVote.com

 

 

 

THIS IS NOT A VOTABLE BALLOT

 

This is an overview of the proposals being presented at the

upcoming shareholder meeting. Please follow the instructions on

the reverse side to vote these important matters.

   LOGO

 

  Voting Items  

Board Recommends

 
  1.    The election of the five (5) nominees named in the accompanying Proxy Statement to the Board of Directors to serve until the next Annual Meeting of Stockholders or until their respective successors are duly elected and qualified.    
 
   Nominees:    
 
  1a.    Edward G. Atsinger III   LOGO   For
 
  1b.    Heather W. Grizzle   LOGO   For
 
  1c.    Stuart W. Epperson, Jr.   LOGO   For
 
  1d.    Edward C. Atsinger   LOGO   For
 
  1e.    Jacki L. Pick   LOGO   For
 
  2.    Ratification of the appointment of Moss Adams LLP as the Company’s independent registered accounting firm.   LOGO   For
 
  3.    Approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation.   LOGO   For

NOTE: At their discretion, the proxies are authorized to consider and vote upon such other business as may properly come before the meeting or any adjournment thereof.

       
   

    

 

 

    

      

V01117-P86617