SEC Form 4 · accession 0001067837-16-000072
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 8, 2016
Accepted (ET)
Dec 12, 2016 · 5:25 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 shareF1 | Dec 8, 2016 | S | 31,803 | $16.0803 | D | 2,053,161 | D | |
| Class A Common Stock, par value $.01 per shareF2 | Dec 9, 2016 | S | 25,715 | $16.1257 | D | 2,027,446 | D | |
| Class A Common Stock, par value $.01 per shareF3 | Dec 12, 2016 | S | 22,089 | $15.5398 | D | 2,005,357 | 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 $15.55 to $16.30 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 $16.00 to $16.35 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 $15.30 to $16.00 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.