SEC Form 4 · accession 0001067837-16-000046
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louise C Kramer
Officer — Chief Operating Officer
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 5:21 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 $0.01 per shareF1 | Feb 10, 2016 | A | 20,000 | $0.00 | D | 321,977 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | Feb 10, 2016 | A | 60,000 | $0.00 | D | 381,977 | D | |
| Class A Common Stock, par value $.01 per shareF3 | Feb 11, 2016 | F | 6,170 | $9.39 | D | 375,807 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent restricted stock units subject to market based vesting, as described in the grant instrument.
- F2These shares represent restricted stock units subject to time based vesting, as described in the grant instrument.
- F3These 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.