Filing Details

Accession Number:
0001209191-18-048421
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-24 18:08:08
Reporting Period:
2018-08-22
Accepted Time:
2018-08-24 18:08:08
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
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 Acquisiton 2018-08-22 2,104 $47.52 268,756 No 4 M Direct
Class A Common Stock Acquisiton 2018-08-22 1,370 $72.99 270,126 No 4 M Direct
Class A Common Stock Acquisiton 2018-08-22 1,046 $95.53 271,172 No 4 M Direct
Class A Common Stock Disposition 2018-08-22 5,199 $154.10 265,973 No 4 S Direct
Class A Common Stock Disposition 2018-08-22 3,600 $155.13 262,373 No 4 S Direct
Class A Common Stock Disposition 2018-08-22 1,201 $155.95 261,172 No 4 S Direct
Class A Common Stock Disposition 2018-08-22 8,500 $154.33 481,363 No 4 S Indirect By Limited Partnership
Class A Common Stock Disposition 2018-08-22 1,300 $154.98 480,063 No 4 S Indirect By Limited Partnership
Class A Common Stock Disposition 2018-08-22 200 $155.96 479,863 No 4 S Indirect By Limited Partnership
Class A Common Stock Acquisiton 2018-08-23 21,000 $47.52 282,172 No 4 M Direct
Class A Common Stock Disposition 2018-08-23 12,192 $154.10 269,980 No 4 F Direct
Class A Common Stock Disposition 2018-08-23 10,000 $153.74 259,980 No 4 S Direct
Class A Common Stock Disposition 2018-08-23 10,000 $153.75 469,863 No 4 S Indirect By Limited Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By Limited Partnership
No 4 S Indirect By Limited Partnership
No 4 S Indirect By Limited Partnership
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Indirect By Limited Partnership
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 2018-08-22 2,104 $0.00 2,104 $47.52
Class A Common Stock Stock Options (Right to Buy) Disposition 2018-08-23 21,000 $0.00 21,000 $47.52
Class A Common Stock Stock Options (Right to Buy) Disposition 2018-08-22 1,370 $0.00 1,370 $72.99
Class A Common Stock Stock Options (Right to Buy) Disposition 2018-08-22 1,046 $0.00 1,046 $95.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
104,346 2019-03-06 No 4 M Direct
83,346 2019-03-06 No 4 M Direct
143,858 2020-03-06 No 4 M Direct
174,483 2021-03-06 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) $124.59 2022-03-05 160,715 160,715 Direct
Class A Common Stock Restricted Stock Units $0.00 4,022 4,022 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 9,854 9,854 Direct
Class A Common Stock Stock Options (Right to Buy) $115.17 2024-03-06 173,635 173,635 Direct
Class A Common Stock Restricted Stock Units $0.00 13,368 13,368 Direct
Class A Common Stock Stock Options (Right to Buy) $156.50 2025-03-06 137,601 137,601 Direct
Class A Common Stock Restricted Stock Units $0.00 14,343 14,343 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-03-05 160,715 160,715 Direct
4,022 4,022 Direct
2023-03-04 201,614 201,614 Direct
9,854 9,854 Direct
2024-03-06 173,635 173,635 Direct
13,368 13,368 Direct
2025-03-06 137,601 137,601 Direct
14,343 14,343 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $153.58 to $154.52 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $154.69 to $155.51 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  3. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $155.83 to $156.10 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $153.68 to $154.66 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  5. 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.
  6. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $154.68 to $155.51 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  7. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $155.82 to $156.10 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  8. Shares withheld for payment of tax liability and option exercise price.
  9. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $153.49 to $154.14 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  10. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $153.34 to $154.18 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 were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018.
  11. Each of the four different trusts is for the benefit of one of the Reporting Person's four children.
  12. These options are immediately exercisable.
  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. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  15. 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).
  16. 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).
  17. 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).
  18. These options vest in accordance with the following schedule: 43,408 vest on the first anniversary of the grant date and 43,409 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
  19. These restricted stock units vest in accordance with the following schedule: 4,455 vest on the first anniversary of the grant date and 4,456 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
  20. These options vest in accordance with the following schedule: 34,400 vest on each of the first through third anniversaries of the grant date and 34,401 vest on the fourth anniversary of the grant date (March 6, 2018).
  21. These restricted stock units vest in accordance with the following schedule: 3,585 vest on the first anniversary of the grant date and 3,586 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018).