SEC Form 4 · accession 0001067837-16-000061
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Field
Officer — President and CEO · Director · 10% Owner
Period of report
Apr 22, 2016
Accepted (ET)
Apr 26, 2016 · 5:02 pm EDT
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 | Apr 22, 2016 | A | 450,000 | $0.00 | A | 1,957,526 | D | |
| Class A Common Stock, par value $.01 per shareF2 | Apr 22, 2016 | A | 225,000 | $0.00 | A | 2,182,526 | D | |
| Class A Common Stock, par value $.01 per shareF3 | holding | — | — | — | 1,566,542 | I | By Trust |
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 are indirectly beneficially owned by the Reporting Person as follows: (i) 206,094 shares held by a trust for the benefit of the sister of the Reporting Person for which the Reporting Person is a co-trustee: (ii) 438,876 shares held by a trust for the benefit of the Reporting Person for which the Reporting Person is a co-trustee; (iii) 423,286 shares held by a trust for the benefit of the issue of the sister of the Reporting Person for which the Reporting Person is a co-trustee; and (iv) 498,286 shares held by a trust for the benefit of the issue of the Reporting Person for which the Reporting Person is a co-trustee.