Filing Details

Accession Number:
0001209191-17-019030
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-07 19:10:46
Reporting Period:
2017-03-04
Filing Date:
2017-03-07
Accepted Time:
2017-03-07 19:10:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034054 Sba Communications Corp SBAC Real Estate Investment Trusts (6798) 650716501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1504654 R Mark Ciarfella C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Evp - Operations No 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 Acquisiton 2017-03-04 943 $0.00 10,709 No 4 M Direct
Class A Common Stock Disposition 2017-03-04 353 $114.98 10,356 No 4 F Direct
Class A Common Stock Acquisiton 2017-03-05 752 $0.00 11,108 No 4 M Direct
Class A Common Stock Disposition 2017-03-05 281 $114.98 10,827 No 4 F Direct
Class A Common Stock Acquisiton 2017-03-06 743 $0.00 11,570 No 4 M Direct
Class A Common Stock Acquisiton 2017-03-06 768 $0.00 12,338 No 4 M Direct
Class A Common Stock Disposition 2017-03-06 590 $114.98 11,748 No 4 F Direct
Class A Common Stock Acquisiton 2017-03-06 11,346 $72.99 23,094 No 4 M Direct
Class A Common Stock Disposition 2017-03-06 11,346 $115.00 11,748 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 M Direct
No 4 F 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 2017-03-06 11,346 $0.00 11,346 $72.99
Class A Common Stock Restricted Stock Units Disposition 2017-03-06 743 $0.00 743 $0.00
Class A Common Stock Restricted Stock Units Disposition 2017-03-06 768 $0.00 768 $0.00
Class A Common Stock Restricted Stock Units Disposition 2017-03-05 752 $0.00 752 $0.00
Class A Common Stock Restricted Stock Units Disposition 2017-03-04 943 $0.00 943 $0.00
Class A Common Stock Stock Options (Right to Buy) Acquisiton 2017-03-06 33,508 $0.00 33,508 $115.17
Class A Common Stock Restricted Stock Units Acquisiton 2017-03-06 3,439 $0.00 3,439 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-03-06 No 4 M Direct
0 No 4 M Direct
769 No 4 M Direct
1,505 No 4 M Direct
2,832 No 4 M Direct
33,508 2024-03-06 No 4 A Direct
3,439 No 4 A 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) $47.52 2019-03-06 1 1 Direct
Class A Common Stock Stock Options (Right to Buy) $95.53 2021-03-06 22,721 22,721 Direct
Class A Common Stock Stock Options (Right to Buy) $124.59 2022-03-05 30,069 30,069 Direct
Class A Common Stock Stock Options (Right to Buy) $96.58 2023-03-04 38,620 38,620 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-03-06 1 1 Direct
2021-03-06 22,721 22,721 Direct
2022-03-05 30,069 30,069 Direct
2023-03-04 38,620 38,620 Direct
Footnotes
  1. On March 4, 2017, 943 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  2. Shares withheld for payment of tax liability.
  3. On March 5, 2017, 752 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  4. On March 6, 2017, 743 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  5. On March 6, 2017, 768 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  6. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $115 to $115.02 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.
  7. These options are immediately exercisable.
  8. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  9. These restricted stock units vest in accordance with the following schedule: 742 vest on the first anniversary of the grant date and 743 vest on each of the second through fourth anniversaries of the grant date (March 6, 2013).
  10. These options vest in accordance with the following schedule: 7,573 vest on each of the first and the third anniversary of the grant date and 7,574 vest on each of the second and the fourth anniversary of the grant date (March 6, 2014).
  11. These restricted stock units vest in accordance with the following schedule: 768 vest on each of the first through third anniversaries of the grant date and 769 vest on the fourth anniversary of the grant date (March 6, 2014).
  12. These options vest in accordance with the following schedule: 7,517 vest on each of the first through third anniversaries of the grant date and 7,518 vest on the fourth anniversary of the grant date (March 5, 2015).
  13. These restricted stock units vest in accordance with the following schedule: 752 vest on each of the first through third anniversaries of the grant date and 753 vest on the fourth anniversary of the grant date (March 5, 2015).
  14. These options vest in accordance with the following schedule: 9,655 vest on each of the first through fourth anniversaries of the grant date (March 4, 2016).
  15. These restricted stock units vest in accordance with the following schedule: 943 vest on the first anniversary of the grant date and 944 vest on each of the second through fourth anniversaries of the grant date (March 4, 2016).
  16. These options vest in accordance with the following schedule: 8,377 vest on each of the first through fourth anniversaries of the grant date (March 6, 2017).
  17. These restricted stock units vest in accordance with the following schedule: 859 vest on the first anniversary of the grant date and 860 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).