Filing Details
- Accession Number:
- 0001209191-20-017025
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-06 18:09:17
- Reporting Period:
- 2020-03-04
- Accepted Time:
- 2020-03-06 18:09:17
- 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 |
|---|---|---|---|---|---|---|---|
| 1284848 | V Jason Silberstein | C/O Sba Communications Corporation 8051 Congress Avenue Boca Raton FL 33487 | Evp - Site Leasing | 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 | 1,440 | $0.00 | 10,225 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-03-04 | 351 | $286.66 | 9,874 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-04 | 57,883 | $96.58 | 67,757 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-03-04 | 57,883 | $292.00 | 9,874 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-06 | 1,290 | $0.00 | 11,164 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-06 | 1,057 | $0.00 | 12,221 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-06 | 1,036 | $0.00 | 13,257 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-03-06 | 1,332 | $300.32 | 11,925 | 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 | 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 | 57,883 | $0.00 | 57,883 | $96.58 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-04 | 1,440 | $0.00 | 1,440 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-06 | 1,290 | $0.00 | 1,290 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-06 | 1,057 | $0.00 | 1,057 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-06 | 1,036 | $0.00 | 1,036 | $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 | ||
| 1,290 | No | 4 | M | Direct | ||
| 2,114 | No | 4 | M | Direct | ||
| 3,111 | 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 | 50,262 | 50,262 | Direct | |
| Class A Common Stock | Stock Options (Right to Buy) | $156.50 | 2025-03-06 | 40,556 | 40,556 | Direct | |
| Class A Common Stock | Stock Options (Right to Buy) | $182.30 | 2026-03-06 | 44,592 | 44,592 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 2,931 | 2,931 | Direct | ||
| Class A Common Stock | Performance Restricted Stock Units | $0.00 | 2,931 | 2,931 | Direct | ||
| Class A Common Stock | Performance Restricted Stock Units | $0.00 | 2,931 | 2,931 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-03-06 | 50,262 | 50,262 | Direct |
| 2025-03-06 | 40,556 | 40,556 | Direct |
| 2026-03-06 | 44,592 | 44,592 | Direct |
| 2,931 | 2,931 | Direct | |
| 2,931 | 2,931 | Direct | |
| 2,931 | 2,931 | Direct |
Footnotes
- On March 4, 2020, 1,440 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.
- On March 6, 2020, 1,290 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, 1,057 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, 1,036 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: 1,439 vest on the first anniversary of the grant date and 1,440 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: 12,565 vest on each of the first and the second anniversary of the grant date and 12,566 vest on each of the third and the fourth anniversary of the grant date (March 6, 2017).
- These restricted stock units vest in accordance with the following schedule: 1,289 vest on the first anniversary of the grant date and 1,290 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: 10,139 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018).
- These restricted stock units vest in accordance with the following schedule: 1,056 vest on the first anniversary of the grant date and 1,057 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018).
- These options vest in accordance with the following schedule: 11,148 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: 1,036 vest on first anniversary of the grant date and 1,037 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: 977 vest on each of the first through third anniversaries 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.
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