Filing Details
- Accession Number:
- 0001209191-23-057798
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-07 18:30:08
- Reporting Period:
- 2023-12-05
- Accepted Time:
- 2023-12-07 18:30:08
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1034054 | Sba Communications Corp | SBAC | () | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1089833 | E Steven Bernstein | C/O Sba Communications Corporation 8051 Congress Avenue Boca Raton FL 33487 | Yes | No | No | Yes |
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 | 2023-12-06 | 7,300 | $253.89 | 2,903 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-12-05 | 45,983 | $250.10 | 56,407 | No | 4 | S | Indirect | See Footnote |
| Class A Common Stock | Disposition | 2023-12-05 | 93 | $250.59 | 56,314 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
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) | $132.00 | 2024-05-18 | 1,977 | 1,977 | Direct | |
| Class A Common Stock | Stock Options (Right to Buy) | $157.51 | 2025-05-17 | 1,411 | 1,411 | Direct | |
| Class A Common Stock | Stock Options (Right to Buy) | $212.31 | 2026-05-16 | 1,501 | 1,501 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 207 | 207 | Direct | ||
| Class A Common Stock | Restricted Stock Units | $0.00 | 350 | 350 | Direct | ||
| Class A Common Stock | Restricted Stock Units | $0.00 | 743 | 743 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-05-18 | 1,977 | 1,977 | Direct |
| 2025-05-17 | 1,411 | 1,411 | Direct |
| 2026-05-16 | 1,501 | 1,501 | Direct |
| 207 | 207 | Direct | |
| 350 | 350 | Direct | |
| 743 | 743 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $253.39 to $254.25 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.
- Includes .002 shares acquired through a dividend reinvestment plan.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $249.55 to $250.52 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.
- These shares are held by Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, 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 vest in accordance with the following schedule: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024.
- These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.
- These restricted stock units vest in accordance with the following schedule: 247 vest on May 1, 2024; 248 vest on May 1, 2025; and 248 vest on May 1, 2026.
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