Filing Details
- Accession Number:
- 0001181431-13-049786
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-09-18 18:32:23
- Reporting Period:
- 2013-09-16
- Filing Date:
- 2013-09-18
- Accepted Time:
- 2013-09-18 18:32:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1293293 | Thomas Brendan Cavanagh | C/O Sba Communications Corporation 5900 Broken Sound Parkway Nw Boca Raton FL 33487 | Senior Vice President & Cfo | 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 | 2013-09-16 | 40,000 | $32.39 | 46,628 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2013-09-16 | 61,628 | $19.68 | 108,256 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2013-09-16 | 101,628 | $77.04 | 6,628 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | 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 | 2013-09-16 | 40,000 | $0.00 | 40,000 | $32.39 |
| Class A Common Stock | Stock Options (Right to Buy) | Disposition | 2013-09-16 | 61,628 | $0.00 | 61,628 | $19.68 |
| 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 | |
| 0 | 2016-03-05 | 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 | Stock Options (Right to Buy) | $35.71 | 2017-03-04 | 28,409 | 28,409 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 1,621 | 1,621 | Direct | ||
| Class A Common Stock | Stock Options (Right to Buy) | $42.15 | 2018-03-04 | 29,593 | 29,593 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 3,405 | 3,405 | Direct | ||
| Class A Common Stock | Stock Options (Right to Buy) | $47.52 | 2019-03-06 | 31,103 | 31,103 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 5,159 | 5,159 | Direct | ||
| Class A Common Stock | Stock Options (Right to Buy) | $72.99 | 2020-03-06 | 47,199 | 47,199 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 6,180 | 6,180 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2017-03-04 | 28,409 | 28,409 | Direct |
| 1,621 | 1,621 | Direct | |
| 2018-03-04 | 29,593 | 29,593 | Direct |
| 3,405 | 3,405 | Direct | |
| 2019-03-06 | 31,103 | 31,103 | Direct |
| 5,159 | 5,159 | Direct | |
| 2020-03-06 | 47,199 | 47,199 | Direct |
| 6,180 | 6,180 | Direct |
Footnotes
- Includes 330 shares acquired on May 31, 2013 pursuant to the SBA Communications Corporation 2008 Employee Stock Purchase Plan.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $76.79 to $77.16 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 options are immediately exercisable.
- These options vest in accordance with the following schedule: 7,102 vest on each of the first through the third anniversaries of the grant date and 7,103 vest on the fourth anniversary of the grant date (March 4, 2010).
- 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: 1,621 vest on each of the first through fourth anniversaries of the grant date (March 4, 2010).
- These options vest in accordance with the following schedule: 7,398 vest on each of the first through third anniversaries of the grant date and 7,399 vest on the fourth anniversary of the grant date (March 4, 2011).
- These restricted stock units vest in accordance with the following schedule: 1,702 vest on each of the first and third anniversary of the grant date and 1,703 vest on each of the second and fourth anniversary of the grant date (March 4, 2011).
- These options vest in accordance with the following schedule: 7,775 vest on the first anniversary of the grant date and 7,776 vest on each of the second through fourth anniversaries of the grant date (March 6, 2012).
- These restricted stock units vest in accordance with the following schedule: 1,719 vest on each of the first and third anniversary of the grant date and 1,720 vest on each of the second and fourth anniversary of the grant date (March 6, 2012).
- These options vest in accordance with the following schedule: 11,799 vest on the first anniversary of the grant date and 11,800 vest on each of the second through fourth anniversaries of the grant date (March 6, 2013).
- These restricted stock units vest in accordance with the following schedule: 1,545 vest on each of the first through fourth anniversaries of the grant date (March 6, 2013).
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