SEC Form 4 · accession 0001067837-18-000044
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
Nov 16, 2018
Accepted (ET)
Nov 19, 2018 · 6:18 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 $0.01 per shareF1 | Nov 16, 2018 | P | 14,800 | $7.00 | A | 8,723,406 | I | By Spouse and by Trust |
| Class A Common Stock, par value $0.01 per shareF2 | Nov 19, 2018 | P | 51,938 | $7.00 | A | 8,775,344 | I | By Spouse and by Trust |
| Class A Common Stock, par value $0.01 per share | holding | — | — | — | 40,990 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 5,075,879 shares held by a trust for the benefit of the Reporting Person for which the Reporting Person is a trustee; (ii) 3,295,949 held by the Reporting Person as the trustee of a grantor retained annuity trust for the benefit of the daughter of the Reporting Person for which the Reporting Person is the sole trustee, (iii) 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 (iv) 330,000 shares held by the spouse of the Reporting Person.
- F2These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 5,127,817 shares held by a trust for the benefit of the Reporting Person for which the Reporting Person is a trustee; (ii) 3,295,949 held by the Reporting Person as the trustee of a grantor retained annuity trust for the benefit of the daughter of the Reporting Person for which the Reporting Person is the sole trustee, (iii) 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 (iv) 330,000 shares held by the spouse of the Reporting Person.