Filing Details

Accession Number:
0001209191-20-016726
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-05 18:05:32
Reporting Period:
2020-03-03
Accepted Time:
2020-03-05 18:05:32
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
1233318 P Thomas Hunt C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Executive Vp/General Counsel 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 Disposition 2020-03-03 12,100 $293.18 208,940 No 4 S Direct
Class A Common Stock Disposition 2020-03-03 22,830 $293.97 186,110 No 4 S Direct
Class A Common Stock Disposition 2020-03-03 15,791 $294.74 170,319 No 4 S Direct
Class A Common Stock Disposition 2020-03-04 6,943 $292.17 163,376 No 4 S Direct
Class A Common Stock Disposition 2020-03-04 300 $293.00 163,076 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S 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) $124.59 2022-03-05 64,435 64,435 Direct
Class A Common Stock Stock Options (Right to Buy) $96.58 2023-03-04 80,832 80,832 Direct
Class A Common Stock Restricted Stock Units $0.00 1,976 1,976 Direct
Class A Common Stock Stock Options (Right to Buy) $115.17 2024-03-06 68,540 68,540 Direct
Class A Common Stock Restricted Stock Units $0.00 3,518 3,518 Direct
Class A Common Stock Stock Options (Right to Buy) $156.50 2025-03-06 54,074 54,074 Direct
Class A Common Stock Restricted Stock Units $0.00 4,227 4,227 Direct
Class A Common Stock Stock Options (Right to Buy) $182.30 2026-03-06 58,781 58,781 Direct
Class A Common Stock Restricted Stock Units $0.00 5,467 5,467 Direct
Class A Common Stock Restricted Stock Units $0.00 3,856 3,856 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 3,856 3,856 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 3,856 3,856 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-03-05 64,435 64,435 Direct
2023-03-04 80,832 80,832 Direct
1,976 1,976 Direct
2024-03-06 68,540 68,540 Direct
3,518 3,518 Direct
2025-03-06 54,074 54,074 Direct
4,227 4,227 Direct
2026-03-06 58,781 58,781 Direct
5,467 5,467 Direct
3,856 3,856 Direct
3,856 3,856 Direct
3,856 3,856 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $292.45 to $293.42 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 $293.46 to $294.45 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $294.46 to $295.40 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.
  4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $292.00 to $292.82 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.
  5. These options are immediately exercisable.
  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: 1,975 vest on each of the first through third anniversaries of the grant date and 1,976 vest on the fourth anniversary of the grant date (March 4, 2016).
  8. These options vest in accordance with the following schedule: 17,135 vest on each of the first through fourth anniversaries of the grant date (March 6, 2017).
  9. These restricted stock units vest in accordance with the following schedule: 1,758 vest on the first anniversary of the grant date and 1,759 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
  10. These options vest in accordance with the following schedule: 13,518 vest on each of the first and the third anniversaries of the grant date, and13,519 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018).
  11. These restricted stock units vest in accordance with the following schedule: 1,409 vest on each of the first through fourth anniversaries of thegrant date (March 6, 2018).
  12. These options vest in accordance with the following schedule: 14,695 vest on each of the first through third anniversaries of the grant date and 14,696 vest on the fourth anniversary of the grant date (March 6, 2019).
  13. These restricted stock units vest in accordance with the following schedule: 1,366 vest on the first anniversary of the grant date and 1,367 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).
  14. These restricted stock units vest in accordance with the following schedule: 1,285 vest on the first and second anniversaries of the grant date and 1,286 vest on the third anniversary of the grant date (February 25, 2020).
  15. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  16. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
  17. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.