Filing Details

Accession Number:
0001209191-17-034047
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-19 18:18:20
Reporting Period:
2017-05-17
Filing Date:
2017-05-19
Accepted Time:
2017-05-19 18:18:20
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
1287502 C Brian Carr C/O Sba Communications Corporation
8051 Congress Avenue
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 2017-05-17 249 $0.00 3,051 No 4 M Direct
Class A Common Stock Acquisiton 2017-05-18 274 $50.35 3,325 No 4 M Direct
Class A Common Stock Acquisiton 2017-05-18 999 $79.67 4,324 No 4 M Direct
Class A Common Stock Acquisiton 2017-05-18 2,202 $96.80 6,526 No 4 M Direct
Class A Common Stock Disposition 2017-05-18 3,475 $132.54 3,051 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M 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 2017-05-18 274 $0.00 274 $50.35
Class A Common Stock Stock Options (Right to Buy) Disposition 2017-05-18 999 $0.00 999 $79.67
Class A Common Stock Stock Options (Right to Buy) Disposition 2017-05-18 2,202 $0.00 2,202 $96.80
Class A Common Stock Restricted Stock Units Disposition 2017-05-17 249 $0.00 249 $0.00
Class A Common Stock Stock Options (Right to Buy) Acquisiton 2017-05-18 1,977 $0.00 1,977 $132.00
Class A Common Stock Restricted Stock Units Acquisiton 2017-05-18 807 $0.00 807 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-05-17 No 4 M Direct
0 2020-05-09 No 4 M Direct
0 2021-05-08 No 4 M Direct
249 No 4 M Direct
1,977 2024-05-18 No 4 A Direct
807 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) $113.55 2022-05-21 1,899 1,899 Direct
Class A Common Stock Stock Options (Right to Buy) $100.00 2023-05-13 2,308 2,308 Direct
Class A Common Stock Restricted Stock Units $0.00 605 605 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-05-21 1,899 1,899 Direct
2023-05-13 2,308 2,308 Direct
605 605 Direct
Footnotes
  1. On May 17, 2017, 249 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $132.54 to $132.56 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.
  3. These options are immediately exercisable.
  4. These options vest in accordance with the following schedule: 633 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 633 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 633 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.
  5. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  6. These restricted stock units vest in accordance with the following schedule: 249 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 249 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 249 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.
  7. These options vest in accordance with the following schedule: 769 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 769 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 770 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.
  8. These restricted stock units vest in accordance with the following schedule: 302 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 302 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 303 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.
  9. These options vest in accordance with the following schedule: 659 vest on May 1, 2018; 659 vest on May 1, 2019; and 659 vest on May 1, 2020.
  10. These restricted stock units vest in accordance with the following schedule: 269 vest on May 1, 2018; 269 vest on May 1, 2019; and 269 vest on May 1, 2020.