SEC Form 4 · accession 0001067837-18-000037
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene D Levin
Officer — Princ. Acctg Off., VP,Treas.
Period of report
May 21, 2018
Accepted (ET)
May 23, 2018 · 5:45 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 |
|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | May 21, 2018 | M | 15,000 | $1.34 | A | 107,506 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | May 21, 2018 | S | 70,556 | $7.7514 | D | 36,950 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | May 22, 2018 | S | 14,700 | $7.608 | D | 22,250 | 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 | May 21, 2018 | M | 15,000 | D | Feb 10, 2013 | Feb 10, 2019 | Class A Common Stock, par value $0.01 per share | 15,000 | — | D |
Explanation of responses
- F1The sale prices ranged from $7.75 to $7.78 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 $7.605 to $7.75 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 15,000 options on February 10, 2009. These options vested in equal installments on February 10, 2010, 2011, 2012 and 2013