Filing Details

Accession Number:
0001181431-12-048147
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-30 19:01:06
Reporting Period:
2012-08-28
Filing Date:
2012-08-30
Accepted Time:
2012-08-30 19:01:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034054 Sba Communications Corp SBAC Communications Services, Nec (4899) 650716501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1293293 Thomas Brendan Cavanagh C/O Sba Communications Corporation
5900 Broken Sound Parkway Nw
Boca Raton FL 33487
Senior Vice President & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2012-08-28 7,807 $60.00 14,499 No 4 S Direct
Class A Common Stock Acquisiton 2012-08-29 4,474 $8.56 18,973 No 4 M Direct
Class A Common Stock Acquisiton 2012-08-29 35,000 $19.10 53,973 No 4 M Direct
Class A Common Stock Acquisiton 2012-08-29 35,000 $28.54 88,973 No 4 M Direct
Class A Common Stock Disposition 2012-08-29 85,832 $60.09 3,141 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Options (Right to Buy) Disposition 2012-08-29 4,474 $0.00 4,474 $8.56
Class A Common Stock Stock Options (Right to Buy) Disposition 2012-08-29 35,000 $0.00 35,000 $19.10
Class A Common Stock Stock Options (Right to Buy) Disposition 2012-08-29 35,000 $0.00 35,000 $28.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-02-01 No 4 M Direct
0 2016-01-19 No 4 M Direct
0 2014-02-26 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Stock Options (Right to Buy) $32.39 2015-02-28 40,000 40,000 Direct
Class A Common Stock Stock Options (Right to Buy) $19.68 2016-03-05 61,628 61,628 Direct
Class A Common Stock Stock Options (Right to Buy) $35.71 2017-03-04 28,409 28,409 Direct
Class A Common Stock Restricted Stock Units $0.00 3,242 3,242 Direct
Class A Common Stock Stock Options (Right to Buy) $42.15 2018-03-04 29,593 29,593 Direct
Class A Common Stock Restricted Stock Units $0.00 5,108 5,108 Direct
Class A Common Stock Stock Options (Right to Buy) $47.52 2019-03-06 31,103 31,103 Direct
Class A Common Stock Restricted Stock Units $0.00 6,878 6,878 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-02-28 40,000 40,000 Direct
2016-03-05 61,628 61,628 Direct
2017-03-04 28,409 28,409 Direct
3,242 3,242 Direct
2018-03-04 29,593 29,593 Direct
5,108 5,108 Direct
2019-03-06 31,103 31,103 Direct
6,878 6,878 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $60.00 to $60.28 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
  2. These options are immediately exercisable.
  3. These options vest in accordance with the following schedule: 15,407 vest on each of the first through fourth anniversaries of the grant date (March 5, 2009).
  4. These options vest in accordance with the following schedule: 7,102 vest on each of the first through the third anniversaries of the grant date and 7,103 vest on the fourth anniversary of the grant date (March 4, 2010).
  5. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  6. These restricted stock units vest in accordance with the following schedule: 1,621 vest on each of the first through fourth anniversaries of the grant date (March 4, 2010).
  7. These options vest in accordance with the following schedule: 7,398 vest on each of the first through third anniversaries of the grant date and 7,399 vest on the fourth anniversary of the grant date (March 4, 2011).
  8. These restricted stock units vest in accordance with the following schedule: 1,702 vest on each of the first and third anniversary of the grant date and 1,703 vest on each of the second and fourth anniversary of the grant date (March 4, 2011).
  9. These options vest in accordance with the following schedule: 7,775 vest on the first anniversary of the grant date and 7,776 vest on each of the second through fourth anniversaries of the grant date (March 6, 2012).
  10. These restricted stock units vest in accordance with the following schedule: 1,719 vest on each of the first and third anniversary of the grant date and 1,720 vest on each of the second and fourth anniversary of the grant date (March 6, 2012).