SEC Form 4 · accession 0001067837-19-000023
ENTERCOM COMMUNICATIONS CORP · ETM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louise C Kramer
Officer — Chief Operating Officer
Period of report
Mar 12, 2019
Accepted (ET)
Mar 13, 2019 · 4:11 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 $.01 per shareF1,F2 | Mar 12, 2019 | F | 3,908 | $6.14 | D | 595,764 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were retained by the Issuer in order to satisfy the tax obligations of the reporting person in connection with the vesting of shares of restricted stock.
- F2The amount reflects the forfeiture of 6,666 restricted stock units on March 12, 2019. The acquisition of these restricted stock units, which were subject to market based vesting, was eligible to be reported on Table II of Form 4 as a derivative security, however, the Reporting Person elected to report the acquisition on Table I of a Form 4 that was filed on February 12, 2016. Per Rule 16a-4(d), the forfeiture of such restricted stock units is not reportable.