SALEM MEDIA GROUP INC

Ticker: SALM CUSIP: 794093104 Class: COM

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

Note: Option positions (PUT/CALL) are excluded.

Q3 2018
Shares 24,085 Value ($000) $82 Avg Close $4.35 Range $3.35 - $6.25
Q2 2018
Shares 51,970 Value ($000) $268 Avg Close $3.81 Range $3.10 - $5.80