Filing Details

Accession Number:
0001209191-16-136652
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-11 18:35:08
Reporting Period:
2016-08-09
Filing Date:
2016-08-11
Accepted Time:
2016-08-11 18:35:08
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
8051 Congress Avenue
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 2016-08-09 50,000 $115.91 489,863 No 4 S Indirect By Limited Partnership
Class A Common Stock Disposition 2016-08-10 36,092 $116.29 336,592 No 4 S Direct
Class A Common Stock Disposition 2016-08-10 13,908 $117.00 322,684 No 4 S Direct
Class A Common Stock Acquisiton 2016-08-11 95,111 $42.15 417,795 No 4 M Direct
Class A Common Stock Disposition 2016-08-11 35,111 $116.16 382,684 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Limited Partnership
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 F 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 2016-08-11 95,111 $0.00 95,111 $42.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-03-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 5,675 Indirect By Trust
Class A Common Stock 5,425 Indirect By Trust
Class A Common Stock 5,175 Indirect By Trust
Class A Common Stock 3,950 Indirect By Trust
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) $47.52 2019-03-06 106,450 106,450 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 4,755 4,755 Direct
Class A Common Stock Stock Options (Right to Buy) $95.53 2021-03-06 175,529 175,529 Direct
Class A Common Stock Restricted Stock Units $0.00 8,904 8,904 Direct
Class A Common Stock Stock Options (Right to Buy) $124.59 2022-03-05 160,715 160,715 Direct
Class A Common Stock Restricted Stock Units $0.00 12,066 12,066 Direct
Class A Common Stock Stock Options (Right to Buy) $96.58 2023-03-04 201,614 201,614 Direct
Class A Common Stock Restricted Stock Units $0.00 19,707 19,707 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-03-06 106,450 106,450 Direct
2020-03-06 145,228 145,228 Direct
4,755 4,755 Direct
2021-03-06 175,529 175,529 Direct
8,904 8,904 Direct
2022-03-05 160,715 160,715 Direct
12,066 12,066 Direct
2023-03-04 201,614 201,614 Direct
19,707 19,707 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $115.74 to $116.37 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 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.
  3. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $116.00 to $116.75 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.
  4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $116.76 to $117.33 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.
  5. Shares withheld for payment of tax liability and option exercise price.
  6. Each of the four different trusts is for the benefit of one of the Reporting Person's four children.
  7. These options are immediately exercisable.
  8. These options vest in accordance with the following schedule: 36,307 vest on each of the first through fourth anniversaries of the grant date (March 6, 2013).
  9. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  10. 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).
  11. These options vest in accordance with the following schedule: 43,882 vest on each of the first through third anniversaries of the grant date and 43,883 vest on the fourth anniversary of the grant date (March 6, 2014).
  12. These restricted stock units vest in accordance with the following schedule: 4,451 vest on the first anniversary of the grant date and 4,452 on each of the second through fourth anniversaries of the grant date (March 6, 2014).
  13. These options vest in accordance with the following schedule: 40,178 vest on the first anniversary of the grant date and 40,179 vest on each of the second through fourth anniversaries of the grant date (March 5, 2015).
  14. These restricted stock units vest in accordance with the following schedule: 4,021 vest on the first anniversary of the grant date and 4,022 vest on each of the second through fourth anniversaries of the grant date (March 5, 2015).
  15. These options vest in accordance with the following schedule: 50,403 vest on each of the first and third anniversary of the grant date and 50,404 vest on each of the second and fourth anniversary of the grant date (March 4, 2016).
  16. These restricted stock units vest in accordance with the following schedule: 4,926 vest on the first anniversary of the grant date and 4,927 vest on each of the second through fourth anniversaries of the grant date (March 4, 2016).