UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE TO/A
(RULE 13e-4)
TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR SECTION 13(E)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
ENTERCOM COMMUNICATIONS CORP.
(NAME OF SUBJECT COMPANY (ISSUER) AND FILING PERSON (OFFEROR))
OPTIONS TO PURCHASE CLASS A COMMON STOCK, PAR VALUE $0.01 PER SHARE
(TITLE OF CLASS OF SECURITIES)
293639100
(CUSIP NUMBER OF CLASS OF SECURITIES)
DAVID J. FIELD
PRESIDENT AND CHIEF EXECUTIVE OFFICER
ENTERCOM COMMUNICATIONS CORP.
401 CITY AVENUE, SUITE 809
BALA CYNWYD, PENNSYLVANIA 19004
(610) 660-5610
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE
NOTICES AND COMMUNICATIONS ON BEHALF OF THE FILING PERSON)
COPY TO:
PATRICK H. SHANNON, ESQ.
LATHAM & WATKINS LLP
555 11TH STREET, NW, SUITE 1000
WASHINGTON, DC 20004
(202) 637-2200
CALCULATION OF FILING FEE
TRANSACTION VALUATION* |
AMOUNT OF FILING FEE |
|
---|---|---|
$7,248,249 | $775.56 | |
Amount Previously Paid: $775.56 | Filing party: Entercom Communications Corp. | |
Form or Registration No: Schedule TO | Date Filed: June 5, 2006 |
Check the appropriate boxes below to designate any transactions to which the statement relates:
Check the following box if the filing is a final amendment reporting the results of the tender offer o
This Amendment No. 1 amends and supplements the Tender Offer on Schedule TO filed with the Securities and Exchange Commission on June 5, 2006 by Entercom Communications Corp. (the "Company") relating to the offer by the Company to its eligible employees and non-employee directors to exchange certain outstanding stock options for shares of restricted Class A common stock of the Company.
Item 12 to the Company's Schedule TO is amended and supplemented as follows:
Item 12. Exhibits:
* | (a)(1)(i) | Offer to Exchange Certain Outstanding Options. |
** |
(a)(1)(ii) |
Form of Cover Letter to holders of Eligible Options regarding the Offer to Exchange and Summary of Procedures. |
** |
(a)(1)(iii) |
Election to Exchange Form. |
** |
(a)(1)(iv) |
Form of E-mail Confirming Receipt of Election. |
** |
(a)(1)(v) |
Notice of Election to Withdraw Options Form from Offer to Exchange. |
** |
(a)(1)(vi) |
E-mail Communication to holders of Eligible Options. |
** |
(a)(1)(vii) |
Form of Rights Letter. |
** |
(a)(1)(viii) |
Form of Personnel Summary. |
*** |
(a)(1)(ix) |
Entercom Communications Corp.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2005, filed with the SEC on February 24, 2006 (File No. 001-14461) and incorporated by reference. |
*** |
(a)(1)(x) |
Entercom Communications Corp.'s proxy statement for its 2006 Annual Meeting of Stockholders, filed with the SEC on April 7, 2006 (File No. 001-14461) and incorporated by reference. |
*** |
(a)(1)(xi) |
Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005, filed with the SEC on November 7, 2005 (File No. 001-14461) and incorporated by reference. |
*** |
(a)(1)(xii) |
Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended June 30, 2005, filed with the SEC on August 9, 2005 (File No. 001-14461) and incorporated by reference. |
*** |
(a)(1)(xiii) |
Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2005, filed with the SEC on May 9, 2005 (File No. 001-14461) and incorporated by reference. |
* |
(a)(1)(xiv) |
Supplement to Offer to Exchange Certain Outstanding Options. |
* |
(a)(1)(xv) |
Form of Email to Offerees Regarding Amendment of Offer to Exchange and Financial Statement Supplement. |
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(a)(2) |
Not applicable. |
|
(a)(3) |
Not applicable. |
|
(a)(4) |
Not applicable. |
|
(a)(5) |
Not applicable. |
|
(b) |
Not applicable. |
|
*** |
(d)(1) |
Amended and Restated Articles of Incorporation of Entercom Communications Corp. (incorporated by reference to Exhibit 3.01, Entercom Communications Corp. Amendment to Registration Statement on Form S-1, filed with the SEC January 27, 1999). |
*** |
(d)(2) |
Amended and Restated Bylaws of Entercom Communications Corp. (incorporated by reference to Exhibit 3.02 of Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, filed with the SEC on May 13, 2002). |
*** |
(d)(3) |
Form of Common Stock Certificate (incorporated by reference to Entercom Communications Corp.'s Registration Statement on Form S-3, filed with the SEC on February 11, 2002). |
*** |
(d)(4) |
Indenture dated as of March 5, 2002 by and among Entercom Radio, LLC and Entercom Capital, Inc., as co-issuers, the Guarantors named therein and HSBC Bank USA, as trustee (incorporated by reference to Exhibit 4.02 to Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, filed with the SEC on May 13, 2002). |
*** |
(d)(5) |
First Supplemental Indenture dated as of March 5, 2002 by and among Entercom Radio, LLC and Entercom Capital, Inc., as co-issuers, the Guarantors named therein and HSBC Bank USA, as trustee. (incorporated by reference to Exhibit 4.03 to Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, filed with the SEC on May 13, 2002). |
*** |
(d)(6) |
Entercom Equity Compensation Plan, as amended through March 24, 2006, and forms of agreements thereunder (incorporated by reference to Exhibit 10.01 to Entercom Communications Corp.'s Current Report on Form 8-K, filed with the SEC on May 18, 2006). |
*** |
(d)(7) |
Entercom Communications Corp.'s Registration Statement on Form S-8, SEC File Nos. 333-71481, filed with the Securities and Exchange Commission on January 29, 1999 and incorporated by reference herein. |
*** |
(d)(8) |
Entercom Communications Corp.'s Registration Statement on Form S-8, SEC File 333-85638, filed with the Securities and Exchange Commission on April 5, 2002 and incorporated by reference herein. |
*** |
(d)(9) |
Form of Letter Agreement Regarding Acceleration of Vesting of Certain Stock Options (incorporated by reference to Exhibit 10.01 of Entercom Communications Corp.'s Current Report on Form 8-K, filed with the SEC on December 19, 2005). |
(g) |
Not applicable. |
|
(h) |
Not applicable. |
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After due 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.
Dated: June 23, 2006 | Entercom Communications Corp. | ||
By: |
/s/ JOHN C. DONLEVIE |
||
Name: | John C. Donlevie | ||
Title: | Executive Vice President, Secretary |
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* | (a)(1)(i) | Offer to Exchange Certain Outstanding Options. |
** | (a)(1)(ii) | Form of Cover Letter to holders of Eligible Options regarding the Offer to Exchange and Summary of Procedures. |
** | (a)(1)(iii) | Election to Exchange Form. |
** | (a)(1)(iv) | Form of E-mail Confirming Receipt of Election. |
** | (a)(1)(v) | Notice of Election to Withdraw Options Form from Offer to Exchange. |
** | (a)(1)(vi) | E-mail Communication to holders of Eligible Options. |
** | (a)(1)(vii) | Form of Rights Letter. |
** | (a)(1)(viii) | Form of Personnel Summary. |
*** | (a)(1)(ix) | Entercom Communications Corp.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2005, filed with the SEC on February 24, 2006 (File No. 001-14461) and incorporated by reference. |
*** | (a)(1)(x) | Entercom Communications Corp.'s proxy statement for its 2006 Annual Meeting of Stockholders, filed with the SEC on April 7, 2006 (File No. 001-14461) and incorporated by reference. |
*** | (a)(1)(xi) | Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005, filed with the SEC on November 7, 2005 (File No. 001-14461) and incorporated by reference. |
*** | (a)(1)(xii) | Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended June 30, 2005, filed with the SEC on August 9, 2005 (File No. 001-14461) and incorporated by reference. |
*** | (a)(1)(xiii) | Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2005, filed with the SEC on May 9, 2005 (File No. 001-14461) and incorporated by reference. |
* | (a)(1)(xiv) | Supplement to Offer to Exchange Certain Outstanding Options. |
* | (a)(1)(xv) | Form of Email to Offerees Regarding Amendment of Offer to Exchange and Financial Statement Supplement. |
(a)(2) | Not applicable. | |
(a)(3) | Not applicable. | |
(a)(4) | Not applicable. | |
(a)(5) | Not applicable. | |
(b) | Not applicable. | |
*** | (d)(1) | Amended and Restated Articles of Incorporation of Entercom Communications Corp. (incorporated by reference to Exhibit 3.01, Entercom Communications Corp. Amendment to Registration Statement on Form S-1, filed with the SEC January 27, 1999). |
*** | (d)(2) | Amended and Restated Bylaws of Entercom Communications Corp. (incorporated by reference to Exhibit 3.02 of Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, filed with the SEC on May 13, 2002). |
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*** | (d)(3) | Form of Common Stock Certificate (incorporated by reference to Entercom Communications Corp.'s Registration Statement on Form S-3, filed with the SEC on February 11, 2002). |
*** | (d)(4) | Indenture dated as of March 5, 2002 by and among Entercom Radio, LLC and Entercom Capital, Inc., as co-issuers, the Guarantors named therein and HSBC Bank USA, as trustee (incorporated by reference to Exhibit 4.02 to Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, filed with the SEC on May 13, 2002). |
*** | (d)(5) | First Supplemental Indenture dated as of March 5, 2002 by and among Entercom Radio, LLC and Entercom Capital, Inc., as co-issuers, the Guarantors named therein and HSBC Bank USA, as trustee. (incorporated by reference to Exhibit 4.03 to Entercom Communications Corp.'s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, filed with the SEC on May 13, 2002). |
*** | (d)(6) | Entercom Equity Compensation Plan, as amended through March 24, 2006, and forms of agreements thereunder (incorporated by reference to Exhibit 10.01 to Entercom Communications Corp.'s Current Report on Form 8-K, filed with the SEC on May 18, 2006). |
*** | (d)(7) | Entercom Communications Corp.'s Registration Statement on Form S-8, SEC File Nos. 333-71481, filed with the Securities and Exchange Commission on January 29, 1999 and incorporated by reference herein. |
*** | (d)(8) | Entercom Communications Corp.'s Registration Statement on Form S-8, SEC File 333-85638, filed with the Securities and Exchange Commission on April 5, 2002 and incorporated by reference herein. |
*** | (d)(9) | Form of Letter Agreement Regarding Acceleration of Vesting of Certain Stock Options (incorporated by reference to Exhibit 10.01 of Entercom Communications Corp.'s Current Report on Form 8-K, filed with the SEC on December 19, 2005). |
(g) | Not applicable. | |
(h) | Not applicable. |
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