SEC Form 4 · accession 0001067837-15-000005
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Field
Officer — Chairman · Director · 10% Owner
Period of report
Feb 7, 2015
Accepted (ET)
Feb 9, 2015 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001067837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $.01 per shareF1 | Feb 7, 2015 | F | 947 | $11.97 | D | 1,175,135 | D | |
| Class A Common Stock, par value $.01 per shareF1 | Feb 8, 2015 | F | 887 | $11.97 | D | 1,174,248 | D | |
| Class A Common Stock, par value $.01 per shareF2 | holding | — | — | — | 227,672 | I | By Spouse and By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were retained by the Issuer in order to satisfy the tax obligations of the reporting person in connection with the vesting of shares of restricted stock.
- F2These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 206,094 shares held by the spouse of the Reporting Person as a co-trustee of a trust established for the benefit of the daughter of the Reporting Person; and (ii) 21,578 shares held by the Reporting Person as a trustee of a trust established for the benefit of the sister-in-law of the Reporting Person.