Home > Insider Trading > Filing (0001181431-14-021190)

Filing Details

Accession Number:: 0001181431-14-021190
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-05-23 18:40:54
Reporting Period:: 2014-05-23

Filing Date:: 2014-05-23
Accepted Time:: 2014-05-23 18:40:54
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
1089833	E Steven Bernstein	C/O Sba Communications Corporation 5900 Broken Sound Parkway N.w. Boca Raton FL 33487		Yes	No	No	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2014-05-23	65,505	$100.61	174,637	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2014-05-23	9,495	$101.16	165,142	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	8,932	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Stock Options (Right to Buy)	$14.80	2015-07-22	6,667	6,667	Direct
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)	$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	Stock Options (Right to Buy)	$37.76	2018-05-04	2,015	2,015	Direct
Class A Common Stock	Stock Options (Right to Buy)	$50.35	2019-05-17	1,643	1,643	Direct
Class A Common Stock	Restricted Stock Units	$0.00		483	483	Direct
Class A Common Stock	Stock Options (Right to Buy)	$79.67	2020-05-09	1,999	1,999	Direct
Class A Common Stock	Restricted Stock Units	$0.00		693	693	Direct
Class A Common Stock	Stock Options (Right to Buy)	$96.80	2021-05-08	2,202	2,202	Direct
Class A Common Stock	Restricted Stock Units	$0.00		909	909	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2015-07-22	6,667	6,667	Direct
2016-05-05	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
2018-05-04	2,015	2,015	Direct
2019-05-17	1,643	1,643	Direct
	483	483	Direct
2020-05-09	1,999	1,999	Direct
	693	693	Direct
2021-05-08	2,202	2,202	Direct
	909	909	Direct

Footnotes

Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $100.50 to $100.88 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 shares are held by Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $101.00 to $101.62 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: 548 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 547 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 548 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 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: 483 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 483 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 483 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.
These options vest in accordance with the following schedule: 667 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 666 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 666 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders.
These restricted stock units vest in accordance with the following schedule: 347 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 346 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 347 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders.
These options vest in accordance with the following schedule: 734 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 734 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 734 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders.
These restricted stock units vest in accordance with the following schedule: 303 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 303 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 303 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders.