Filing Details
- Accession Number:
- 0001209191-20-017019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-06 18:05:50
- Reporting Period:
- 2020-03-04
- Accepted Time:
- 2020-03-06 18:05:50
- 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 |
---|---|---|---|---|---|---|---|
1504654 | R Mark Ciarfella | C/O Sba Communications Corporation 8051 Congress Avenue Boca Raton FL 33487 | Evp - Operations | 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 | Acquisiton | 2020-03-04 | 944 | $0.00 | 17,258 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2020-03-04 | 230 | $286.66 | 17,028 | No | 4 | F | Direct | |
Class A Common Stock | Acquisiton | 2020-03-04 | 8,620 | $96.58 | 25,648 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2020-03-04 | 5,642 | $300.57 | 20,006 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2020-03-04 | 2,978 | $301.07 | 17,028 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2020-03-06 | 860 | $0.00 | 17,888 | No | 4 | M | Direct | |
Class A Common Stock | Acquisiton | 2020-03-06 | 705 | $0.00 | 18,593 | No | 4 | M | Direct | |
Class A Common Stock | Acquisiton | 2020-03-06 | 692 | $0.00 | 19,285 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2020-03-06 | 732 | $300.32 | 18,553 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | F | 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 | 2020-03-04 | 8,620 | $0.00 | 8,620 | $96.58 |
Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-04 | 944 | $0.00 | 944 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-06 | 860 | $0.00 | 860 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-06 | 705 | $0.00 | 705 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-06 | 692 | $0.00 | 692 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,035 | 2023-03-04 | No | 4 | M | Direct | |
0 | No | 4 | M | Direct | ||
860 | No | 4 | M | Direct | ||
1,409 | No | 4 | M | Direct | ||
2,079 | No | 4 | M | 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) | $115.17 | 2024-03-06 | 16,754 | 16,754 | Direct | |
Class A Common Stock | Stock Options (Right to Buy) | $156.50 | 2025-03-06 | 23,657 | 23,657 | Direct | |
Class A Common Stock | Stock Options (Right to Buy) | $156.50 | 2025-03-06 | 20,278 | 20,278 | Direct | |
Class A Common Stock | Stock Options (Right to Buy) | $182.30 | 2026-03-06 | 29,796 | 29,796 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 1,960 | 1,960 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,960 | 1,960 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,960 | 1,960 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2024-03-06 | 16,754 | 16,754 | Direct |
2025-03-06 | 23,657 | 23,657 | Direct |
2025-03-06 | 20,278 | 20,278 | Direct |
2026-03-06 | 29,796 | 29,796 | Direct |
1,960 | 1,960 | Direct | |
1,960 | 1,960 | Direct | |
1,960 | 1,960 | Direct |
Footnotes
- On March 4, 2020, 944 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- Shares withheld for payment of tax liability.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $300.04 to $301.03 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.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $301.04 to $301.10 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.
- On March 6, 2020, 860 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- On March 6, 2020, 705 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- On March 6, 2020, 692 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- These options are immediately exercisable.
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- These restricted stock units vest in accordance with the following schedule: 943 vest on the first anniversary of the grant date and 944 vest on each of the second through fourth anniversaries of the grant date (March 4, 2016).
- These options vest in accordance with the following schedule: 8,377 vest on each of the first through fourth anniversaries of the grant date (March 6, 2017).
- These restricted stock units vest in accordance with the following schedule: 859 vest on the first anniversary of the grant date and 860 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
- These options vest in accordance with the following schedule: 6,759 vest on each of the first through third anniversaries of the grant date and 6,760 vest on the fourth anniversary of the grant date (March 6, 2018).
- These restricted stock units vest in accordance with the following schedule: 704 vest on each of the first and the third anniversaries of the grant date and 705 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018).
- These options vest in accordance with the following schedule: 7,449 vest on each of the first through fourth anniversaries of the grant date (March 6, 2019).
- These restricted stock units vest in accordance with the following schedule: 692 vest on first anniversary of the grant date and 693 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).
- These restricted stock units vest in accordance with the following schedule: 653 vest on the first and second anniversaries of the grant date and 654 vest on the third anniversary of the grant date (February 25, 2020).
- Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- 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.
- 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.