0001067837-13-000052.txt : 20131223
0001067837-13-000052.hdr.sgml : 20131223
20131223160412
ACCESSION NUMBER: 0001067837-13-000052
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131222
FILED AS OF DATE: 20131223
DATE AS OF CHANGE: 20131223
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ENTERCOM COMMUNICATIONS CORP
CENTRAL INDEX KEY: 0001067837
STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832]
IRS NUMBER: 231701044
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 401 CITY AVENUE
STREET 2: SUITE 809
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
BUSINESS PHONE: 610-660-5610
MAIL ADDRESS:
STREET 1: 401 CITY AVENUE
STREET 2: SUITE 809
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FIELD DAVID J
CENTRAL INDEX KEY: 0001106858
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14461
FILM NUMBER: 131294821
MAIL ADDRESS:
STREET 1: 401 CITY AVENUE
STREET 2: SUITE 809
CITY: BALA CYNWYD
STATE: PA
ZIP: 19004
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2013-12-22
0001067837
ENTERCOM COMMUNICATIONS CORP
ETM
0001106858
FIELD DAVID J
C/O ENTERCOM COMMUNICATIONS CORP.
401 E. CITY AVENUE, SUITE 809
BALA CYNWYD
PA
19004
1
1
1
0
President and CEO
Class A Common Stock, par value $.01 per share
2013-12-22
4
D
0
150000
0
D
1285225
D
Class A Common Stock, par value $.01 per share
2013-12-23
4
F
0
47362
9.95
D
1237863
D
Class A Common Stock, par value $.01 per share
1566542
I
By Trust
On December 23, 2010, the Reporting Person was granted 225,000 shares of restricted stock subject to performance based vesting. The acquisition of these resricted shares was reported on a Form 4 on December 28, 2010. The measurement period to determine the vesting of these shares ended on December 22, 2013. In accordance with the vesting criteria set forth in the grant instrument, one-third of these shares vested, while the remaining two-thirds were forfeited.
These 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.
These shares are indirectly beneficially owned by the Reporting Person as follows: (i) 206,094 shares held by a trust for the benefit of the sister of the Reporting Person for which the Reporting Person is a co-trustee: (ii) 438,876 shares held by a trust for the benefit of the Reporting Person for which the Reporting Person is a co-trustee; (iii) 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 (iv) 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.
David J. Field by Andrew P. Sutor, IV, authorized signatory
2013-12-23