Filing Details
- Accession Number:
- 0001181431-10-040810
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-08-06 13:00:00
- Reporting Period:
- 2010-08-05
- Filing Date:
- 2010-08-06
- Accepted Time:
- 2010-08-06 17:12:24
- 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 |
|---|---|---|---|---|---|---|---|
| 1287502 | C Brian Carr | C/O Sba Communications Corporation 5900 Broken Sound Parkway N.w. Boca Raton FL 33487 | Yes | No | 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 | 2010-08-05 | 10,000 | $26.36 | 10,000 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2010-08-05 | 3,125 | $24.38 | 13,125 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2010-08-05 | 13,125 | $36.55 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | 2010-08-05 | 10,000 | $0.00 | 10,000 | $26.36 |
| Class A Common Stock | Stock Options (Right to Buy) | Disposition | 2010-08-05 | 3,125 | $0.00 | 3,125 | $24.38 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-05-05 | No | 4 | M | Direct | |
| 6,249 | 2016-05-07 | 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) | $30.07 | 2014-05-17 | 10,000 | 10,000 | Direct | |
| Class A Common Stock | Stock Options (Right to Buy) | $34.49 | 2015-05-06 | 9,514 | 9,514 | Direct | |
| Class A Common Stock | Stock Options (Right to Buy) | $32.81 | 2017-05-06 | 2,042 | 2,042 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 1,866 | 1,866 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2014-05-17 | 10,000 | 10,000 | Direct |
| 2015-05-06 | 9,514 | 9,514 | Direct |
| 2017-05-06 | 2,042 | 2,042 | Direct |
| 1,866 | 1,866 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $36.53 to $36.57 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.
- These options are immediately exercisable.
- These options vest in accordance with the following schedule: 3,171 vested on the earlier of the first anniversary of the grant date or the day immediately prior to the 2009 annual meeting of shareholders; 3,171 vest on the earlier of the second anniversary of the grant date or the day immediately prior to the 2010 annual meeting of shareholders; and 3,172 vest on the earlier of the third anniversary of the grant date or the day immediately prior to the 2011 annual meeting of shareholders.
- These options vest in accordance with the following schedule: 3,125 vest on the earlier of the first anniversary of the grant date or the day immediately prior to the 2010 annual meeting of shareholders; 3,124 vest on the earlier of the second anniversary of the grant date or the day immediately prior to the 2011 annual meeting of shareholders; and 3,125 vest on the earlier of the third anniversary of the grant date or the day immediately prior to the 2012 annual meeting of shareholders.
- These options vest in accordance with the following schedule: 680 vest on the earlier of May 6, 2011 or the day immediately prior to the 2011 annual meeting of shareholders; 681 vest on the earlier of May 6, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; and 681 vest on the earlier of May 6, 2013 or the day immediately prior to the 2013 annual meeting of shareholders.
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- These restricted stock units vest in accordance with the following schedule: 622 vest on the earlier of May 6, 2011 or the day immediately prior to the 2011 annual meeting of shareholders; 622 vest on the earlier of May 6, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; and 622 vest on the earlier of May 6, 2013 or the day immediately prior to the 2013 annual meeting of shareholders.
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