Filing Details
- Accession Number:
- 0001209191-23-056932
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-29 18:30:10
- Reporting Period:
- 2023-11-27
- Accepted Time:
- 2023-11-29 18:30:10
- 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 |
---|---|---|---|---|---|---|---|
1106860 | Jeffrey Stoops | C/O Sba Communications Corporation 8051 Congress Avenue Boca Raton FL 33487 | Chief Executive Officer & Pres | Yes | 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 | 2023-11-27 | 17,439 | $237.24 | 20,450 | No | 4 | S | Indirect | By LLC |
Class A Common Stock | Disposition | 2023-11-27 | 9,043 | $237.96 | 11,407 | No | 4 | S | Indirect | By LLC |
Class A Common Stock | Disposition | 2023-11-27 | 11,407 | $238.99 | 0 | No | 4 | S | Indirect | By LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By LLC |
No | 4 | S | Indirect | By LLC |
No | 4 | S | Indirect | By LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 155,074 | Direct | |
Class A Common Stock | 259,863 | Indirect | By Limited Partnership |
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 | 137,601 | 137,601 | Direct | |
Class A Common Stock | Stock Options (Right to Buy) | $182.30 | 2026-03-06 | 149,446 | 149,446 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 3,373 | 3,373 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 10,118 | 10,118 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 10,118 | 10,118 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 5,930 | 5,930 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 8,894 | 8,894 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 8,894 | 8,894 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 10,404 | 10,404 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 10,404 | 10,404 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 10,404 | 10,404 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2025-03-06 | 137,601 | 137,601 | Direct |
2026-03-06 | 149,446 | 149,446 | Direct |
3,373 | 3,373 | Direct | |
10,118 | 10,118 | Direct | |
10,118 | 10,118 | Direct | |
5,930 | 5,930 | Direct | |
8,894 | 8,894 | Direct | |
8,894 | 8,894 | Direct | |
10,404 | 10,404 | Direct | |
10,404 | 10,404 | Direct | |
10,404 | 10,404 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $236.635 to $237.63 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.
- These shares are owned by Calculated Risk SBA Holdings, LLC, a Delaware limited liability company ("CRLLC"). The Reporting Person and his spouse control the manager of CRLLC. The Reporting Person disclaims beneficial ownership of the stock owned by CRLLC except to the extent of his pecuniary interest therein.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $237.64 to $238.52 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 transaction ranged from $238.655 to $239.18 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.
- These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.
- These options are fully vested and exercisable.
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- These restricted stock units vested in accordance with the following schedule: 3,372 vested on the first anniversary of the grant date and 3,373 vest on each of the second and third anniversaries of the grant date (March 4, 2021).
- 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 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.
- 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.
- These restricted stock units vest in accordance with the following schedule: 2,964 vested on the first anniversary of the grant date and 2,965 vest on each of the second and third anniversaries of the grant date (March 4, 2022).
- These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, 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 March 4, 2025, 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 restricted stock units vest in accordance with the following schedule: 3,468 vest on the first through third anniversaries of the grant date (March 6, 2023).
- These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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 March 6, 2026, 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.