Filing Details

Accession Number:
0001181431-10-014766
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-08 12:00:00
Reporting Period:
2010-03-04
Filing Date:
2010-03-08
Accepted Time:
2010-03-08 21:15:35
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 2010-03-08 7,303 $19.68 7,303 No 4 M Direct
Class A Common Stock Disposition 2010-03-08 7,303 $35.81 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2010-03-08 7,303 $0.00 7,303 $19.68
Class A Common Stock Stock Options (Right to Buy) Acquisiton 2010-03-04 12,626 $0.00 12,626 $35.71
Class A Common Stock Restricted Stock Units Acquisiton 2010-03-04 2,881 $0.00 2,881 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
21,910 2016-03-05 No 4 M Direct
12,626 2017-03-04 No 4 A Direct
2,881 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 3,750 3,750 Direct
Class A Common Stock Stock Options (Right to Buy) $28.54 2014-02-26 13,500 13,500 Direct
Class A Common Stock Stock Options (Right to Buy) $32.39 2015-02-28 16,000 16,000 Direct
Class A Common Stock Stock Options (Right to Buy) $31.09 2015-09-12 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-10-09 3,750 3,750 Direct
2014-02-26 13,500 13,500 Direct
2015-02-28 16,000 16,000 Direct
2015-09-12 10,000 10,000 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $35.80 to $35.83 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 vest in accordance with the following schedule: 1,250 vest on each of the first through fourth anniversaries of the grant date (October 9, 2006).
  3. These options vest in accordance with the following schedule: 4,500 vest on each of the first through fourth anniversaries of the grant date (February 26, 2007).
  4. 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).
  5. 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).
  6. 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).
  7. 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).
  8. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  9. 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).