Filing Details

Accession Number:
0001181431-11-016645
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-08 12:00:00
Reporting Period:
2011-03-04
Filing Date:
2011-03-08
Accepted Time:
2011-03-08 19:39:59
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
1444362 D Brian Lazarus C/O Sba Communications Corporation
5900 Broken Sound Parkway, Nw
Boca Raton FL 33487
Vp & Chief Accounting Officer 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 Acquisiton 2011-03-04 720 $0.00 720 No 4 M Direct
Class A Common Stock Disposition 2011-03-04 263 $42.00 457 No 4 F Direct
Class A Common Stock Acquisiton 2011-03-07 1,686 $28.54 2,143 No 4 M Direct
Class A Common Stock Acquisiton 2011-03-07 1,328 $32.39 3,471 No 4 M Direct
Class A Common Stock Acquisiton 2011-03-07 1,786 $19.68 5,257 No 4 M Direct
Class A Common Stock Disposition 2011-03-07 4,800 $42.08 457 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 2011-03-07 1,686 $0.00 1,686 $28.54
Class A Common Stock Stock Options (Right to Buy) Disposition 2011-03-07 1,328 $0.00 1,328 $32.39
Class A Common Stock Stock Options (Right to Buy) Disposition 2011-03-07 1,786 $0.00 1,786 $19.68
Class A Common Stock Restricted Stock Units Disposition 2011-03-04 720 $0.00 720 $0.00
Class A Common Stock Stock Options (Right to Buy) Acquisiton 2011-03-04 12,011 $0.00 12,011 $42.15
Class A Common Stock Restricted Stock Units Acquisiton 2011-03-04 2,764 $0.00 2,764 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,814 2014-02-26 No 4 M Direct
6,672 2015-02-28 No 4 M Direct
20,124 2016-03-05 No 4 M Direct
2,161 No 4 M Direct
12,011 2018-03-04 No 4 A Direct
2,764 No 4 A 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) $26.20 2016-10-09 722 722 Direct
Class A Common Stock Stock Options (Right to Buy) $31.09 2015-09-12 6,591 6,591 Direct
Class A Common Stock Stock Options (Right to Buy) $35.71 2017-03-04 12,626 12,626 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-10-09 722 722 Direct
2015-09-12 6,591 6,591 Direct
2017-03-04 12,626 12,626 Direct
Footnotes
  1. On March 4, 2011, 720 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  2. Shares withheld for payment of tax liability.
  3. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $42.05 to $42.11 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.
  4. These options are immediately exercisable.
  5. These options vest in accordance with the following schedule: 4,000 vest on each of the first through fourth anniversaries of the grant date (February 28, 2008).
  6. These options vest in accordance with the following schedule: 2,500 vest on each of the first through fourth anniversaries of the grant date (September 12, 2008).
  7. These options vest in accordance with the following schedule: 7,303 vest on each of the first through the third anniversaries of the grant date and 7,304 vest on the fourth anniversary of the grant date (March 5, 2009).
  8. These options vest in accordance with the following schedule: 3,156 vest on each of the first and the third anniversary of the grant date and 3,157 vest on each of the second and the fourth anniversary of the grant date (March 4, 2010).
  9. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  10. These restricted stock units vest in accordance with the following schedule: 720 vest on each of the first through the third anniversaries of the grant date and 721 vest on the fourth anniversary of the grant date (March 4, 2010).
  11. These options vest in accordance with the following schedule: 3,002 vest on the first anniversary of the grant date and 3,003 vest on each of the third through fourth anniversaries of the grant date (March 4, 2011).
  12. These restricted stock units vest in accordance with the following schedule: 691 vest on each of the first through fourth anniversaries of the grant date (March 4, 2011).