SEC Form 4 · accession 0001067837-16-000071
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
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 5:10 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 16, 2016 | G | 15,000 | $0.00 | D | 2,167,526 | D | |
| Class A Common Stock, par value $.01 per share | Nov 17, 2016 | G | 30,000 | $0.00 | D | 2,137,526 | D | |
| Class A Common Stock, par value $.01 per shareF1 | Dec 5, 2016 | S | 7,700 | $15.3445 | D | 2,129,826 | D | |
| Class A Common Stock, par value $.01 per shareF2 | Dec 6, 2016 | S | 20,624 | $15.4669 | D | 2,109,202 | D | |
| Class A Common Stock, par value $.01 per shareF3 | Dec 7, 2016 | S | 24,238 | $16.0007 | D | 2,084,964 | D | |
| Class A Common Stock, par value $.01 per shareF4 | holding | — | — | — | 1,360,448 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale prices ranged from $15.25 to $15.40 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 sale prices ranged from $15.20 to $15.65 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 sale prices ranged from $15.45 to $16.40 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.
- F4These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 438,876 shares held by a trust for the benefit of the Reporting Person for which the Reporting Person is a co-trustee; (ii) 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 (iii) 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.