Amendment 3 to SC 13G

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

 

SCHEDULE 13G/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)                                

 

 

December 31, 2002


(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x Rule 13d-1(d)


CUSIP No. 293639100                                                                                                                                                           Page 2 of 6

 


  1.


 

Name of Reporting Person.

I.R.S. Identification No. of above person (entities only)

 

            Joseph M. Field

   

  2.

 

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

(a)   ¨

(b)   ¨

   

  3.


 

SEC Use Only

 

   

  4.


 

Citizenship or Place of Organization

 

            United States of America

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                8,272,622


  6.    Shared Voting Power

 

                200,000


  7.    Sole Dispositive Power

 

                8,272,622


  8.    Shared Dispositive Power

 

                200,000


  9.


 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            8,472,622. Includes: (i) 7,932,555 shares of Class A common stock which may be acquired upon conversion of shares of Class B common stock beneficially owned by the reporting person; (ii) 301,389 shares of Class A common stock which may be acquired through the exercise of options; (iii) 38,578 shares of Class A common stock held of record by the reporting person as trustee of a trust; and (iv) 200,000 shares of Class A common stock beneficially owned by the reporting person as a director and officer of the Joseph and Marie Field Foundation.

   

10.


 

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

   

11.


 

Percent of Class Represented by Amount in Row 9

 

            17.37%

   

12.


 

Type of Reporting Person (See Instructions)

 

            IN

   


 

CUSIP No. 293639100

 

Page 3 of 6

 

Item 1.    Issuer Information

 

(a)    Name of Issuer:

 

Entercom Communications Corp.

 

(b)    Address of Issuer’s Principal Executive Offices:

 

Entercom Communications Corp.

401 City Avenue, Suite 409

Bala Cynwyd, Pennsylvania 19004

 

Item 2.    Reporting Persons Information

 

(a)    Name of Person Filing:

 

Joseph M. Field

 

(b)    Address of Principal Business Office or, if none, Residence

 

Entercom Communications Corp.

401 City Avenue, Suite 409

Bala Cynwyd, Pennsylvania 19004

 

(c)    Citizenship

 

United States of America

 

(d)    Title of Class of Securities

 

Class A Common Stock, par value $0.01 per share

 

(e)    CUSIP Number

 

293639100


 

CUSIP No. 293639100

 

Page 4 of 6

 

Item 3.    If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

 

Not applicable.

 

Item 4.    Ownership

 

(a)

  

Amount Beneficially Owned:

    

8,472,622

    

 

Includes: (i) 7,932,555 shares of Class A common stock which may be acquired upon conversion of shares of Class B common stock beneficially owned by the reporting person; (ii) 301,389 shares of Class A common stock which may be acquired through the exercise of options; (iii) 38,578 shares of Class A common stock held of record by the reporting person as trustee of a trust; and (iv) 200,000 shares of Class A common stock beneficially owned by the reporting person as a director and officer of the Joseph and Marie Field Foundation.

 

(b)

  

Percent of Class:

  

17.37

%

(c)

  

Number of shares as to which such person has:

      
    

(i)       sole power to vote or to direct the vote:

  

8,272,622

 

    

(ii)      shared power to vote or to direct the vote:

  

200,000

 

    

(iii)     sole power to dispose or to direct the disposition of:

  

8,272,622

 

    

(iv)     shared power to dispose or to direct the disposition of:

  

200,000

 

 

Item 5.    Ownership of Five Percent or Less of a Class

 

Not applicable.

 

Item 6.    Ownership of More than Five Percent on Behalf of Another Person

 

Shares beneficially owned by the reporting person include: (i) 38,578 shares of Class A common stock held of record by the reporting person as trustee of a trust; and (ii) 200,000 shares of Class A common stock beneficially owned by the reporting person as a director and officer of the Joseph and Marie Field Foundation.

 

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

 

Not applicable.


 

CUSIP No. 293639100

 

Page 5 of 6

 

Item 8.    Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.    Notice of Dissolution of Group

 

Not applicable.

 

Item 10.  Certification

 

Not applicable.


 

CUSIP No. 293639100

 

Page 6 of 6

 

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 12, 2003        


Date

 

/s/ Joseph M. Field         


Signature

 

Joseph M. Field        


Name/Title