Filing Details
- Accession Number:
- 0001209191-23-058869
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-15 18:30:15
- Reporting Period:
- 2023-12-13
- Accepted Time:
- 2023-12-15 18:30:15
- 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 | 2023-12-13 | 20,605 | $156.50 | 27,690 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2023-12-13 | 13,890 | $248.77 | 13,800 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2023-12-13 | 3,915 | $250.12 | 9,885 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2023-12-13 | 2,800 | $251.17 | 7,085 | No | 4 | S | 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 | S | 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 | 2023-12-13 | 20,605 | $0.00 | 20,605 | $156.50 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2025-03-06 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 20,170 | Indirect | By GRAT |
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) | $182.30 | 2026-03-06 | 23,512 | 23,512 | Direct | |
Class A Common Stock | Restricted Stock Units | $0.00 | 542 | 542 | 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 | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 976 | 976 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,463 | 1,463 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,463 | 1,463 | Direct | ||
Class A Common Stock | Restricted Stock Units | $0.00 | 1,717 | 1,717 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,717 | 1,717 | Direct | ||
Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,717 | 1,717 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2026-03-06 | 23,512 | 23,512 | Direct |
542 | 542 | Direct | |
1,624 | 1,624 | Direct | |
1,624 | 1,624 | Direct | |
976 | 976 | Direct | |
1,463 | 1,463 | Direct | |
1,463 | 1,463 | Direct | |
1,717 | 1,717 | Direct | |
1,717 | 1,717 | Direct | |
1,717 | 1,717 | Direct |
Footnotes
- Reflects shares previously held directly by the Reporting Person which were contributed to the Reporting Person's GRAT (defined below).
- Includes 77.062 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 transaction ranged from $248.04 to $248.98 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 $249.48 to $250.43 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 $250.59 to $251.42 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 219.876 shares acquired through a dividend reinvestment plan.
- These shares are held by the Reporting Person's grantor retained annuity trust ("GRAT"), of which the Reporting Person is the trustee and annuitant.
- 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: 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).
- 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: 487 vest on the first anniversary of the grant date and 488 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: 572 vest on the first and second anniversaries of the grant date and 573 vest on the third anniversary 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.