Filing Details

Accession Number:
0001181431-12-027926
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-04 19:46:54
Reporting Period:
2012-05-03
Filing Date:
2012-05-04
Accepted Time:
2012-05-04 19:46:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034054 Sba Communications Corp SBAC Communications Services, Nec (4899) 650716501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1175022 L Kurt Bagwell C/O Sba Communications Corporation
5900 Broken Sound Parkway, Nw
Boca Raton FL 33487
President - International 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 2012-05-03 65,000 $32.39 163,929 No 4 M Direct
Class A Common Stock Acquisiton 2012-05-03 21,083 $19.68 185,012 No 4 M Direct
Class A Common Stock Acquisiton 2012-05-03 19,571 $35.71 204,583 No 4 M Direct
Class A Common Stock Acquisiton 2012-05-03 10,879 $42.15 215,462 No 4 M Direct
Class A Common Stock Disposition 2012-05-03 116,533 $54.88 98,929 No 4 S Direct
Class A Common Stock Disposition 2012-05-04 4,000 $0.00 94,929 No 4 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 G 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 2012-05-03 65,000 $0.00 65,000 $32.39
Class A Common Stock Stock Options (Right to Buy) Disposition 2012-05-03 21,083 $0.00 21,083 $19.68
Class A Common Stock Stock Options (Right to Buy) Disposition 2012-05-03 19,571 $0.00 19,571 $35.71
Class A Common Stock Stock Options (Right to Buy) Disposition 2012-05-03 10,879 $0.00 10,879 $42.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-02-28 No 4 M Direct
21,083 2016-03-05 No 4 M Direct
19,571 2017-03-04 No 4 M Direct
32,640 2018-03-04 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 Restricted Stock Units $0.00 4,467 4,467 Direct
Class A Common Stock Restricted Stock Units $0.00 7,512 7,512 Direct
Class A Common Stock Stock Options (Right to Buy) $47.52 2019-03-06 44,908 44,908 Direct
Class A Common Stock Restricted Stock Units $0.00 9,931 9,931 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
4,467 4,467 Direct
7,512 7,512 Direct
2019-03-06 44,908 44,908 Direct
9,931 9,931 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $54.56 to $55.21 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.
  2. The reporting person transferred these shares as a gift in an exempt transaction pursuant to Rule 16b-5 of the Exchange Act.
  3. These options are immediately exercisable.
  4. These options vest in accordance with the following schedule: 21,083 vest on each of the first through fourth anniversaries of the grant date (March 5, 2009).
  5. These options vest in accordance with the following schedule: 9,785 vest on each of the first and the third anniversary of the grant date and 9,786 vest on each of the second and the fourth anniversary of the grant date (March 4, 2010).
  6. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  7. These restricted stock units vest in accordance with the following schedule: 2,233 vest on each of the first through the third anniversaries of the grant date and 2,234 vest on the fourth anniversary of the grant date (March 4, 2010).
  8. These options vest in accordance with the following schedule: 10,879 vest on the first anniversary of the grant date and 10,880 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011).
  9. These restricted stock units vest in accordance with the following schedule: 2,504 vest on each of the first through fourth anniversaries of the grant date (March 4, 2011).
  10. These options vest in accordance with the following schedule: 11,227 vest on each of the first through fourth anniversaries of the grant date (March 6, 2012).
  11. These restricted stock units vest in accordance with the following schedule: 2,482 vest on the first anniversary of the grant date and 2,483 vest on each of the second through fourth anniversaries of the grant date (March 6, 2012).