Filing Details

Accession Number:
0001209191-21-055192
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-08 17:49:12
Reporting Period:
2021-09-03
Accepted Time:
2021-09-08 17:49:12
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
1444362 D Brian Lazarus C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Svp & Chief Accounting Officer 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 2021-09-03 24,263 $115.17 44,590 No 4 M Direct
Class A Common Stock Disposition 2021-09-03 13,534 $365.86 31,056 No 4 S Direct
Class A Common Stock Disposition 2021-09-03 10,729 $366.57 20,327 No 4 S Direct
Class A Common Stock Acquisiton 2021-09-07 868 $115.17 21,195 No 4 M Direct
Class A Common Stock Disposition 2021-09-07 273 $366.48 20,922 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S 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 2021-09-03 24,263 $0.00 24,263 $115.17
Class A Common Stock Stock Options (Right to Buy) Disposition 2021-09-07 868 $0.00 868 $115.17
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
868 2024-03-06 No 4 M Direct
0 2024-03-06 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) $156.50 2025-03-06 21,243 21,243 Direct
Class A Common Stock Restricted Stock Units $0.00 554 554 Direct
Class A Common Stock Stock Options (Right to Buy) $182.30 2026-03-06 23,512 23,512 Direct
Class A Common Stock Restricted Stock Units $0.00 1,093 1,093 Direct
Class A Common Stock Restricted Stock Units $0.00 1,037 1,037 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,555 1,555 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,555 1,555 Direct
Class A Common Stock Restricted Stock Units $0.00 1,624 1,624 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,624 1,624 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,624 1,624 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-03-06 21,243 21,243 Direct
554 554 Direct
2026-03-06 23,512 23,512 Direct
1,093 1,093 Direct
1,037 1,037 Direct
1,555 1,555 Direct
1,555 1,555 Direct
1,624 1,624 Direct
1,624 1,624 Direct
1,624 1,624 Direct
Footnotes
  1. Includes 74.53 shares acquired through a dividend reinvestment plan.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $365.26 and$366.25 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holderof 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 transaction ranged from $366.27 and$367.08 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holderof the issuer full information regarding the number of shares sold at each separate price.
  4. Represents shares used to pay option exercise price or withheld for payment of tax liability.
  5. These options are immediately exercisable.
  6. These options vest in accordance with the following schedule: 5,310 vest on the first anniversary of the grant date and 5,311 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018).
  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: 553 vest on each of the first and third anniversaries of the grant date and 554 vest on each of the second and fourth anniversaries of the grant date (March 6, 2018).
  9. These options vest in accordance with the following schedule: 5,878 vest on each of the first through fourth anniversaries of the grant date (March 6, 2019).
  10. These restricted stock units vest in accordance with the following schedule: 546 vest on each of the first and third anniversaries of the grant date and 547 vest on each of the second and fourth anniversaries of the grant date (March 6, 2019).
  11. These restricted stock units vest in accordance with the following schedule: 518 vest on the first and second anniversaries of the grant date and 519 vest on the third anniversary of the grant date (February 25, 2020).
  12. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  13. 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.
  14. 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.
  15. These restricted stock units vest in accordance with the following schedule: 541 vest on each of the first and second anniversaries of the grant date and 542 vest on the third anniversary of the grant date (March 4, 2021).
  16. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, 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 March 4, 2024, 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.