Filing Details
- Accession Number:
- 0001181431-14-010743
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-04 18:42:18
- Reporting Period:
- 2014-02-28
- Filing Date:
- 2014-03-04
- Accepted Time:
- 2014-03-04 18:42:18
- 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 |
---|---|---|---|---|---|---|---|
1106860 | Jeffrey Stoops | C/O Sba Communications Corporation 5900 Broken Sound Parkway, Nw Boca Raton FL 33487 | Chief Executive Officer & Pres | Yes | 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 | 2014-02-28 | 74,165 | $95.40 | 301,165 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2014-02-28 | 25,835 | $96.12 | 275,330 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 5,175 | Indirect | By Trust |
Class A Common Stock | 5,175 | Indirect | By Trust |
Class A Common Stock | 5,175 | Indirect | By Trust |
Class A Common Stock | 3,950 | Indirect | By Trust |
Class A Common Stock | 569,863 | Indirect | By Limited Partnership |
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 | 146,913 | 146,913 | Direct | |
Class A Common Stock | Stock Options (Right to Buy) | $35.71 | 2017-03-04 | 84,598 | 84,598 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 4,827 | 4,827 | Direct | ||
Class A Common Stock | Stock Options (Right to Buy) | $42.15 | 2018-03-04 | 97,483 | 97,483 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 11,218 | 11,218 | Direct | ||
Class A Common Stock | Stock Options (Right to Buy) | $47.52 | 2019-03-06 | 106,450 | 106,450 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 17,656 | 17,656 | Direct | ||
Class A Common Stock | Stock Options (Right to Buy) | $72.99 | 2020-03-06 | 145,228 | 145,228 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 19,017 | 19,017 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2015-02-28 | 146,913 | 146,913 | Direct |
2017-03-04 | 84,598 | 84,598 | Direct |
4,827 | 4,827 | Direct | |
2018-03-04 | 97,483 | 97,483 | Direct |
11,218 | 11,218 | Direct | |
2019-03-06 | 106,450 | 106,450 | Direct |
17,656 | 17,656 | Direct | |
2020-03-06 | 145,228 | 145,228 | Direct |
19,017 | 19,017 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $95.00 to $95.99 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.
- Includes 263 shares acquired on February 28, 2014 pursuant to the SBA Communications Corporation 2008 Employee Stock Purchase Plan.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $96.00 to $96.38 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.
- Each of the four different trusts is for the benefit of one of the Reporting Person's four children.
- These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.
- These options are immediately exercisable.
- These options vest in accordance with the following schedule: 21,149 vest on each of the first and the third anniversary of the grant date and 21,150 vest on each of the second and the fourth anniversary of the grant date (March 4, 2010).
- 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: 4,827 vest on each of the first through the fourth anniversaries of the grant date (March 4, 2010).
- These options vest in accordance with the following schedule: 24,370 vest on the first anniversary of the grant date and 24,371 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011).
- These restricted stock units vest in accordance with the following schedule: 5,608 vest on the first anniversary of the grant date and 5,609 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011).
- These options vest in accordance with the following schedule: 26,612 vest on each of the first and the third anniversary of the grant date and 26,613 vest on each of the second and the fourth anniversary of the grant date (March 6, 2012).
- These restricted stock units vest in accordance with the following schedule: 5,885 vest on each of the first through third anniversaries of the grant date and 5,886 vest on the fourth anniversary of the grant date (March 6, 2012).
- These options vest in accordance with the following schedule: 36,307 vest on each of the first through the fourth anniversaries of the grant date (March 6, 2013).
- These restricted stock units vest in accordance with the following schedule: 4,754 vest on each of the first through third anniversaries of the grant date and 4,755 vest on the fourth anniversary of the grant date (March 6, 2013).