Filing Details

Accession Number:
0001181431-13-015133
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-06 19:27:42
Reporting Period:
2013-03-04
Filing Date:
2013-03-06
Accepted Time:
2013-03-06 19:27:42
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 2013-03-04 2,233 $0.00 78,962 No 4 M Direct
Class A Common Stock Acquisiton 2013-03-04 2,504 $0.00 81,466 No 4 M Direct
Class A Common Stock Disposition 2013-03-04 2,007 $71.63 79,459 No 4 F Direct
Class A Common Stock Acquisiton 2013-03-05 21,083 $19.68 100,542 No 4 M Direct
Class A Common Stock Acquisiton 2013-03-05 9,785 $35.71 110,327 No 4 M Direct
Class A Common Stock Acquisiton 2013-03-05 10,880 $42.15 121,207 No 4 M Direct
Class A Common Stock Disposition 2013-03-05 41,748 $72.90 79,459 No 4 S Direct
Class A Common Stock Acquisiton 2013-03-06 11,227 $47.52 90,686 No 4 M Direct
Class A Common Stock Disposition 2013-03-06 11,227 $73.76 79,459 No 4 S Direct
Class A Common Stock Acquisiton 2013-03-06 2,482 $0.00 81,941 No 4 M Direct
Class A Common Stock Disposition 2013-03-06 1,052 $73.03 80,889 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M 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 2013-03-05 21,083 $0.00 21,083 $19.68
Class A Common Stock Stock Options (Right to Buy) Disposition 2013-03-05 9,785 $0.00 9,785 $35.71
Class A Common Stock Restricted Stock Units Disposition 2013-03-04 2,233 $0.00 2,233 $0.00
Class A Common Stock Stock Options (Right to Buy) Disposition 2013-03-05 10,880 $0.00 10,880 $42.15
Class A Common Stock Restricted Stock Units Disposition 2013-03-04 2,504 $0.00 2,504 $0.00
Class A Common Stock Stock Options (Right to Buy) Disposition 2013-03-06 11,227 $0.00 11,227 $47.52
Class A Common Stock Restricted Stock Units Disposition 2013-03-06 2,482 $0.00 2,482 $0.00
Class A Common Stock Stock Options (Right to Buy) Acquisiton 2013-03-06 62,448 $0.00 62,448 $72.99
Class A Common Stock Restricted Stock Units Acquisiton 2013-03-06 8,177 $0.00 8,177 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-03-05 No 4 M Direct
9,786 2017-03-04 No 4 M Direct
2,234 No 4 M Direct
21,760 2018-03-04 No 4 M Direct
5,008 No 4 M Direct
33,681 2019-03-06 No 4 M Direct
7,449 No 4 M Direct
62,448 2020-03-06 No 4 A Direct
8,177 No 4 A Direct
Footnotes
  1. On March 4, 2013, 2,233 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  2. On March 4, 2013, 2,504 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  3. Shares withheld for payment of tax liability.
  4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $72.79 to $72.93 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.
  5. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $73.27 to $73.99 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.
  6. On March 6, 2013, 2,482 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  7. These options are immediately exercisable.
  8. 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).
  9. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  10. 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).
  11. 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).
  12. 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).
  13. 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).
  14. 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).
  15. These options vest in accordance with the following schedule: 15,612 vest on each of the first through fourth anniversaries of the grant date (March 6, 2013).
  16. These restricted stock units vest in accordance with the following schedule: 2,044 vest on the first through third anniversaries of the grant date and 2,045 vest on the fourth anniversary of the grant date (March 6, 2013).