-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Myg4WjAJumWRtoDn3hjxW2f6iiMhIhR03IN607isGRVgtJMHzrAgUzyk0fKp0qmZ Od1Uvm22nRmBa7/NbWgb+Q== 0001104659-11-007473.txt : 20110215 0001104659-11-007473.hdr.sgml : 20110215 20110214191912 ACCESSION NUMBER: 0001104659-11-007473 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110215 DATE AS OF CHANGE: 20110214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIELD DAVID J CENTRAL INDEX KEY: 0001106858 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 401 CITY AVENUE STREET 2: SUITE 809 CITY: BALA CYNWYD STATE: PA ZIP: 19004 SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55345 FILM NUMBER: 11610895 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 SC 13D/A 1 a11-5976_1sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, DC 20549

 

 

 

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934
(Amendment No. 3)

 

Entercom Communications Corp.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

293639100

(CUSIP Number)

David J. Field

c/o Entercom Communications Corp.

401 City Avenue, Suite 809

Bala Cynwyd, PA 19004

(610) 660-5610

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

December 23, 2010

(Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. 293639100

 

 

1.

Name of Reporting Person
David J. Field

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (see instructions)
PF

 

 

 

 

5.

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e). o

 

 

6.

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
2,385,990

 

8.

Shared Voting Power
1,566,542

 

9.

Sole Dispositive Power
2,385,990

 

10.

Shared Dispositive Power
1,566,542

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,952,532

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o

 

 

13.

Percent of Class Represented by Amount in Row 9
7.47%

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

2


 

CUSIP No.   293639100

 

Item 3.

Source and Amount of Funds or Other Consideration.

From December 23, 2010 through February 8, 2011, David J. Field was awarded 746,292 Restricted Stock Units pursuant to the Entercom Equity Compensation Plan.

 

 

Item 5.

Interest in Securities of the Issuer.

 

(a)

Amount Beneficially Owned:

3,952,532

 

 

David J. Field beneficially owns 3,952,532 shares which includes: (i) 1,566,740 shares of Class A common stock for which David J. Field is the record holder; (ii) 749,250 shares of Class A common stock which may be acquired upon conversion of shares of Class B common stock for which David J. Field is the record holder; (iii) 70,000 shares of Class A common stock which may be acquired through the exercise of options; and (iv) 1,566,542 shares of Class A common stock held of record by David J. Field as co-trustee of four trusts.

 

(b)                               Number of shares as to which such person has:

 

(i)

sole power to vote or to direct the vote:

2,385,990

 

(ii)

shared power to vote or to direct the vote:

1,566,542

 

(iii)

sole power to dispose or to direct the disposition of:

2,385,990

 

(iv)

shared power to dispose or to direct the disposition of:

1,566,542

 

 

(c)                                David J. Field effected the following transactions during the past sixty days:

 

Date of
Transaction

 

Number of
Shares

 

Price Per
Share

 

Transaction
Type

12/23/2010

 

675,000

 

N/A

 

(1)

1/08/2011

 

(3,169)

 

N/A

 

(2)

1/29/2011

 

(4,811)

 

N/A

 

(2)

2/08/2011

 

71,292

 

N/A

 

(1)

2/10/2011

 

(22,342)

 

N/A

 

(2)

 

(1)                                Grant of Restricted Stock Units pursuant to the Entercom Equity Compensation Plan.

(2)                                Shares were retained by the issuer in order to satisfy the tax obligations of the reporting person in connection with the vesting of restricted stock units.

 

3


 

CUSIP No.   293639100

 

Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

February 14, 2011

 

Date

 


/s/ David J. Field

 

Signature

 


David J. Field

 

Name/Title

 

4

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