Filing Details

Accession Number:
0001181431-10-062325
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-16 19:37:11
Reporting Period:
2010-12-15
Filing Date:
2010-12-16
Accepted Time:
2010-12-16 19:37:11
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
1131765 Duncan Cocroft C/O Sba Communications Corporation
5900 Broken Sound Parkway Nw
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 2010-12-15 10,000 $14.80 60,000 No 4 M Direct
Class A Common Stock Disposition 2010-12-15 5,000 $39.80 55,000 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 2010-12-15 10,000 $0.00 10,000 $14.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-07-22 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) $26.36 2016-05-05 10,000 10,000 Direct
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) $24.38 2016-05-07 9,374 9,374 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
2016-05-05 10,000 10,000 Direct
2014-05-17 10,000 10,000 Direct
2015-05-06 9,514 9,514 Direct
2016-05-07 9,374 9,374 Direct
2017-05-06 2,042 2,042 Direct
1,866 1,866 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $39.80 to $39.82 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: 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.
  4. 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.
  5. 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.
  6. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
  7. 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.