SEC Form 4 · accession 0001067837-19-000021
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
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 5:25 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,F2 | Mar 4, 2019 | P | 100,000 | $6.2345 | A | 10,492,956 | I | By Spouse and by Trust |
| Class A Common Stock, par value $0.01 per shareF3,F4 | Mar 5, 2019 | P | 100,000 | $6.1593 | A | 10,592,956 | I | By Spouse and by Trust |
| Class A Common Stock, par value $0.01 per shareF5,F6 | Mar 6, 2019 | P | 200,000 | $6.1514 | A | 10,792,956 | I | By Spouse and by Trust |
| Class A Common Stock, par value $0.01 per share | holding | — | — | — | 26,378 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The purchase prices ranged from $6.205 to $6.25 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.
- F2These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 6,845,429 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.
- F3The purchase prices ranged from $6.10 to $6.20 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) 6,945,429 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.
- F5The purchase prices ranged from $6.03 to $6.20 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.
- F6These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 7,145,429 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.