Filing Details

Accession Number:
0001209191-19-017548
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-06 19:41:04
Reporting Period:
2019-03-05
Accepted Time:
2019-03-06 19:41:04
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
1089833 E Steven Bernstein C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Yes No No Yes
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 2019-03-05 15,454 $182.51 15,606 No 4 S Direct
Class A Common Stock Disposition 2019-03-05 14,787 $182.92 819 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 165,142 Indirect See Footnote
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) $50.35 2019-05-17 1,643 1,643 Direct
Class A Common Stock Stock Options (Right to Buy) $79.67 2020-05-09 1,999 1,999 Direct
Class A Common Stock Stock Options (Right to Buy) $96.80 2021-05-08 2,202 2,202 Direct
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 $0.00 303 303 Direct
Class A Common Stock Stock Options (Right to Buy) $132.00 2024-05-18 1,977 1,977 Direct
Class A Common Stock Restricted Stock Units $0.00 539 539 Direct
Class A Common Stock Stock Options (Right to Buy) $157.51 2025-05-17 1,411 1,411 Direct
Class A Common Stock Restricted Stock Units $0.00 602 602 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-05-17 1,643 1,643 Direct
2020-05-09 1,999 1,999 Direct
2021-05-08 2,202 2,202 Direct
2022-05-21 1,899 1,899 Direct
2023-05-13 2,308 2,308 Direct
303 303 Direct
2024-05-18 1,977 1,977 Direct
539 539 Direct
2025-05-17 1,411 1,411 Direct
602 602 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $182.00 to $182.83 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $182.84 to $183.02 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.
  3. 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.
  4. These options are exercisable immediately.
  5. 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.
  6. 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.
  7. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  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: 658 vest on May 1, 2018; 659 vest on May 1, 2019; and 660 vest on May 1, 2020.
  10. These restricted stock units vest in accordance with the following schedule: 268 vest on May 1, 2018; 269 vest on May 1, 2019; and 270 vest on May 1, 2020.
  11. These options vest in accordance with the following schedule: 470 vest on May 1, 2019; 470 vest on May 1, 2020; and 471 vest on May 1, 2021.
  12. These restricted stock units vest in accordance with the following schedule: 200 vest on May 1, 2019; 201 vest on May 1, 2020; and 201 vest on May 1, 2021.