SEC Form 4 · accession 0001067837-16-000068
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew P Sutor IV
Officer — Sr. Vice Pres. & Secretary
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 4:43 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 share | Nov 15, 2016 | M | 7,500 | $1.34 | A | 64,177 | D | |
| Class A Common Stock, par value $.01 per shareF1 | Nov 15, 2016 | S | 7,500 | $14.2632 | D | 56,677 | 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 | Nov 15, 2016 | M | 7,500 | D | Feb 10, 2012 | Feb 10, 2019 | Class A Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1The sale prices ranged from $14.10 to $14.40 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 10,000 options on February 10, 2009. These options vested in equal installments on February 10, 2010, 2011, 2012 and 2013