Filing Details

Accession Number:
0001209191-19-047053
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-21 18:42:14
Reporting Period:
2019-08-19
Accepted Time:
2019-08-21 18:42:14
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
1253093 Jack Langer 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 Disposition 2019-08-19 3,302 $261.65 50 No 4 S Direct
Class A Common Stock Acquisiton 2019-08-20 1,999 $79.67 2,049 No 4 M Direct
Class A Common Stock Disposition 2019-08-20 1,999 $262.35 50 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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 2019-08-20 1,999 $0.00 1,999 $79.67
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-05-09 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 14,833 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) $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 Stock Options (Right to Buy) $132.00 2024-05-18 1,977 1,977 Direct
Class A Common Stock Restricted Stock Units $0.00 270 270 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 $0.00 402 402 Direct
Class A Common Stock Stock Options (Right to Buy) $212.31 2026-05-16 1,501 1,501 Direct
Class A Common Stock Restricted Stock Units $0.00 546 546 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-05-08 2,202 2,202 Direct
2022-05-21 1,899 1,899 Direct
2023-05-13 2,308 2,308 Direct
2024-05-18 1,977 1,977 Direct
270 270 Direct
2025-05-17 1,411 1,411 Direct
402 402 Direct
2026-05-16 1,501 1,501 Direct
546 546 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $261.56 to $261.75 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.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $262.33 to $262.37 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.
  3. The securities are held by The Jack Langer 2012 Irrevocable Family Trust for estate planning purposes. The trustee of the trust is the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
  4. These options are immediately exercisable.
  5. 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.
  6. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  7. 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.
  8. 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.
  9. 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.
  10. These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022.
  11. These restricted stock units vest in accordance with the following schedule: 182 vest on May 1, 2020; 182 vest on May 1, 2021; and 182 vest on May 1, 2022.