SEC Form 4 · accession 0001067837-19-000005

ENTERCOM COMMUNICATIONS CORP · ETM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman, President and CEO · Director

Period of report

Feb 6, 2019

Accepted (ET)

Feb 13, 2019 · 5:13 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 share	Feb 6, 2019	M	140,000	$1.34	A	1,874,687	D
Class A Common Stock, par value $0.01 per share^F1	Feb 12, 2019	A	250,000	$0.00	A	2,124,687	D
Class A Common Stock, par value $.01 per share^F2	holding	—	—		—	1,360,448	I	By Trust

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	Feb 6, 2019	M	140,000	D	Feb 10, 2013	Feb 10, 2019	Class A Common Stock, par value $.01 per share	140,000	0	D

F1These shares represent restricted stock units subject to time based vesting, as described in the grant instrument.
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.
F3The Reporting Person was granted 140,000 options on February 10, 2009. These options vested in equal installments on February 10, 2010, 2011, 2012 and 2013.