SEC Form 4 · accession 0001067837-18-000025
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Field
Officer — Chairman Emeritus · Director
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 5:07 pm EDT
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 $0.01 per shareF1 | May 16, 2018 | A | 15,484 | $0.00 | A | 6,327,381 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | May 17, 2018 | P | 50,000 | $7.8073 | A | 6,377,381 | D | |
| Class A Common Stock, par value $0.01 per shareF3 | May 18, 2018 | P | 100,000 | $7.8545 | A | 6,477,381 | D | |
| Class A Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 1,151,115 | I | By Spouse and by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent restricted stock units subject to time based vesting, as described in the grant instrument.
- F2The purchase prices ranged from $7.775 to $7.85 per share. Full information regarding the number of shares purchased 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 purchase prices ranged from $7.8044 to $7.90 per share. Full information regarding the number of shares purchased 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) 799,537 shares held by a trust for the benefit of the Reporting Person for which the Reporting Person is a trustee; (ii) 21,578 shares held by the Reporting Person as a trustee of a trust established for the benefit of the sister-in-law of the Reporting Person; and (iii) 330,000 shares held by the spouse of the Reporting Person.