Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SULEMAN FARID
   2. Issuer Name and Ticker or Trading Symbol
CITADEL BROADCASTING CORP [CDL] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
7201 W. LAKE MEAD BLVD., SUITE 400		 3. Date of Earliest Transaction (Month/Day/Year)
03/06/2007
(Street)

LAS VEGAS, NV 89128		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2007   A   83,573 (1) A $ 9.66 5,926,112 (2) D  
Common Stock 03/06/2007   F   34,641 (3) D $ 9.66 5,891,471 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SULEMAN FARID
7201 W. LAKE MEAD BLVD.
SUITE 400
LAS VEGAS, NV 89128		   X     Chief Executive Officer  

Signatures

 /s/ Farid Suleman   03/07/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents shares having an aggregate fair market value equal to approximately $807,317 as of the date of grant (March 6, 2007); where fair market value is determined by the closing price of stock on the New York Stock Exchange for the trading day immediately preceding the date of grant. The grant is the Company's payment of a "gross-up" for the tax differential between ordinary income and dividend income rates during the year ended December 31, 2006, as discussed in Item 5.02 of the Current Report on Form 8-K filed by Citadel Broadcasting Corporation on December 15, 2006.
(2) Includes (1) 1,008,741 shares of Common Stock, (2) approximately 465 shares of Common Stock held in the Citadel Broadcasting Company 401(k) Retirement Savings Plan as of March 5, 2007 and (3) 1,965,327 shares of performance-based restricted Common Stock that Mr. Suleman owns directly. Mr. Suleman is also the direct owner of 2,868,006 restricted stock units that were granted to him on March 16, 2006 and will be distributed to him in two equal portions on March 16, 2007 and March 16, 2008. In addition, Mr. Suleman holds 20,000 shares of Common Stock as custodian for his son under the Uniform Gift to Minors; Mr. Suleman disclaims beneficial ownership of those shares.
(3) Settlement of withholding obligations, required by the Compensation Committee as part of its authorization of the issuance of shares.

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