SEC Form 4 · accession 0001067837-16-000063
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen F Fisher
Officer — Exec. VP and CFO
Period of report
May 16, 2016
Accepted (ET)
May 16, 2016 · 4:50 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 share | May 16, 2016 | M | 20,000 | $1.34 | A | 541,597 | D | |
| Class A Common Stock, par value $.01 per shareF1 | May 16, 2016 | S | 20,000 | $11.9924 | D | 521,597 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $1.34 | May 16, 2016 | M | 20,000 | D | Feb 10, 2012 | Feb 10, 2019 | Class A Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The sale prices ranged from $11.93 to $12.12 per share. Full information regarding the number of shares sold at each separate price will be provided upon request to the Reporting Person by the Commission staff, the Issuer or a security holder of the Issuer.
- F2The Reporting Person was granted 80,000 options on February 10, 2009. These options vested in equal installments on February 10, 2010, 2011, 2012 and 2013