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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2004-05-26 Sale |
2004-05-27 4:23 pm | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 2,000 | $29.75 | $59,500 | 500 (Direct) | View |
| 2004-05-17- -2004-05-18 Sale |
2004-05-18 6:16 pm | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 5,839 | $29.4 | $171,670 | 500 (Direct) |
View |
| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded |
Average Price |
Total Amount | Shares Ownership |
Filing |
| 2004-05-27- -2004-05-28 Exercise Gift | 2004-06-01 5:23 pm |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,000 | $4.05 | $4,050 | 0 (Direct) | View |
| 2004-05-26 Exercise | 2004-05-27 4:23 pm | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 2,000 | $15.6 | $31,200 | 2,500 (Direct) |
View |
| 2004-05-17 Exercise |
2004-05-18 6:16 pm | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 5,750 | $18.91 | $108,750 | 6,339 (Direct) | View |
| Transaction & Date | Reported Date | Exercisable Expiration | Company | Symbol | Insider Relationship |
Shares Traded | Conversion Price |
Shares Ownership | Filing |
| 2007-03-14 Option Award | 2007-03-16 6:19 pm | 2008-03-14 2016-03-14 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 2,000 | $11.8 | 2,000 (Direct) |
View |
| 2006-03-15 Option Award | 2006-03-17 3:46 pm | 2007-03-15 2015-03-15 | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 4,000 | $13.51 | 4,000 (Direct) |
View |
| 2005-05-18 Option Award | 2005-05-20 3:57 pm | 2006-05-18 2014-05-18 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 5,000 | $16.75 | 5,000 (Direct) |
View |
| 2004-05-27 Exercise |
2004-06-01 5:23 pm | 2003-03-24 2008-03-24 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 250 | $16.2 | 2,150 (Direct) |
View |
| 2004-05-26 Exercise |
2004-05-27 4:23 pm |
2004-03-07 2009-03-07 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,000 | $15 | 0 (Direct) |
View |
| 2004-05-26 Exercise |
2004-05-27 4:23 pm |
2003-03-24 2008-03-24 | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,000 | $16.2 | 2,400 (Direct) |
View |
| 2004-05-17 Exercise | 2004-05-18 6:16 pm | 2000-06-30 2005-06-30 | SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,000 | $22.5 | 0 (Direct) |
View |
| 2004-05-17 Exercise |
2004-05-18 6:16 pm | 2001-06-30 2006-06-30 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,000 | $22.5 | 0 (Direct) | View |
| 2004-05-17 Exercise |
2004-05-18 6:16 pm | 2002-06-30 2007-06-30 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,000 | $22.5 | 0 (Direct) | View |
| 2004-05-17 Exercise | 2004-05-18 6:16 pm |
2002-03-07 2007-03-07 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,250 | $15 | 0 (Direct) | View |
| 2004-05-17 Exercise |
2004-05-18 6:16 pm | 2003-03-07 2008-03-07 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 1,250 | $15 | 0 (Direct) |
View |
| 2004-05-17 Exercise |
2004-05-18 6:16 pm |
2004-03-07 2009-03-07 |
SALEM COMMUNICATIONS CORP | SALM | BLOCK JONATHAN L (Vice President and Secretary) | 250 | $15 | 1,000 (Direct) | View |
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