Filing Details

Accession Number:
0001067837-20-000056
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-24 16:16:26
Reporting Period:
2020-11-23
Accepted Time:
2020-11-24 16:16:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1067837 Entercom Communications Corp ETM Radio Broadcasting Stations (4832) 231701044
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1106859 M Joseph Field 2400 Market Street., 4Th Floor
Philadelphia PA 19103
Chairman Emeritus Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share Disposition 2020-11-23 1,000,000 $2.57 13,151,336 No 4 S Indirect By Spouse and by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Spouse and by Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock, par value $.01 per share Disposition 2020-11-23 1,000,000 $2.57 1,000,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,295,949 No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share 1,057,211 Direct
Footnotes
  1. Amount shown includes 1,000,000 shares which were previously indirectly held by the Reporting Person in a grantor retained annuity trust and are now directly held by the Reporting Person
  2. In connection with his estate planning, the Reporting Person sold 1,000,000 shares of Class A Common Stock to his Daughter.
  3. Class B Common Stock is convertible to Class A Common Stock, at any time, on a one for one basis and has no expiration date.
  4. In connection with his estate planning, the Reporting Person sold 1,000,000 shares of Class B Common Stock to his Son.
  5. Amount shown includes 1,295,949 shares which were previously indirectly held by the Reporting Person in three grantor retained annuity trusts and are now directly held by the Reporting Person.