SEC Form 4 · accession 0001067837-16-000069
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
Nov 17, 2016
Accepted (ET)
Nov 21, 2016 · 4:47 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 valude $.01 per share | Nov 17, 2016 | M | 4,002 | $1.34 | A | 377,238 | D | |
| Class A Common Stock, par value $.01 per shareF1 | Nov 17, 2016 | S | 4,002 | $15.3275 | D | 373,266 | D | |
| Class A Common Stock, par valude $.01 per share | Nov 18, 2016 | M | 40,611 | $1.34 | A | 413,877 | D | |
| Class A Common Stock, par value $.01 per shareF2 | Nov 18, 2016 | S | 40,611 | $15.3407 | D | 373,266 | 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)F3 | $1.34 | Nov 17, 2016 | M | 4,002 | D | Feb 10, 2012 | Feb 10, 2019 | Class A Common Stock | 4,002 | 45,998 | D |
| Employee Stock Option (Right to Buy)F3 | $1.34 | Nov 18, 2016 | M | 40,611 | D | Feb 10, 2012 | Feb 10, 2019 | Class A Common Stock | 40,611 | 5,387 | D |
Explanation of responses
- F1The sale prices ranged from $15.20 to $15.405 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 sale prices ranged from $15.25 to $15.455 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.
- F3The Reporting Person was granted 50,000 options on February 10, 2009. These options vested in equal installments on February 10, 2010, 2011, 2012 and 2013