SEC Form 4 · accession 0001067837-17-000013
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
Feb 19, 2017
Accepted (ET)
Feb 21, 2017 · 4:49 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 | Feb 19, 2017 | F | 39,454 | $15.50 | D | 1,798,072 | D | |
| Class A Common Stock, par value $.01 per shareF2 | holding | — | — | — | 1,360,448 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were retained by the Issuer in order to satisfy the tax obligations of the reporting person in connection with the vesting of shares of restricted stock.
- F2These 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.