Filing Details

Accession Number:
0001181431-14-011334
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-06 18:36:04
Reporting Period:
2014-03-04
Filing Date:
2014-03-06
Accepted Time:
2014-03-06 18:36:04
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
1504654 R Mark Ciarfella C/O Sba Communications Corporation
5900 Broken Sound Parkway, Nw
Boca Raton FL 33487
Evp - Operations 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 2014-03-04 721 $0.00 4,008 No 4 M Direct
Class A Common Stock Acquisiton 2014-03-04 841 $0.00 4,849 No 4 M Direct
Class A Common Stock Disposition 2014-03-04 647 $95.18 4,202 No 4 F Direct
Class A Common Stock Acquisiton 2014-03-06 874 $0.00 5,076 No 4 M Direct
Class A Common Stock Acquisiton 2014-03-06 742 $0.00 5,818 No 4 M Direct
Class A Common Stock Disposition 2014-03-06 669 $95.24 5,149 No 4 F Direct
Class A Common Stock Acquisiton 2014-03-06 3,570 $47.52 8,719 No 4 M Direct
Class A Common Stock Disposition 2014-03-06 3,570 $95.75 5,149 No 4 S 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 F 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 Restricted Stock Units Disposition 2014-03-04 721 $0.00 721 $0.00
Class A Common Stock Restricted Stock Units Disposition 2014-03-04 841 $0.00 841 $0.00
Class A Common Stock Stock Options (Right to Buy) Disposition 2014-03-06 3,570 $0.00 3,570 $47.52
Class A Common Stock Restricted Stock Units Disposition 2014-03-06 874 $0.00 874 $0.00
Class A Common Stock Restricted Stock Units Disposition 2014-03-06 742 $0.00 742 $0.00
Class A Common Stock Stock Options (Right to Buy) Acquisiton 2014-03-06 30,294 $0.00 30,294 $95.53
Class A Common Stock Restricted Stock Units Acquisiton 2014-03-06 3,073 $0.00 3,073 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
842 No 4 M Direct
8,101 2019-03-06 No 4 M Direct
1,747 No 4 M Direct
2,229 No 4 M Direct
30,294 2021-03-06 No 4 A Direct
3,073 No 4 A 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 3,157 3,157 Direct
Class A Common Stock Stock Options (Right to Buy) $42.15 2018-03-04 7,311 7,311 Direct
Class A Common Stock Stock Options (Right to Buy) $72.99 2020-03-06 22,692 22,692 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-03-04 3,157 3,157 Direct
2018-03-04 7,311 7,311 Direct
2020-03-06 22,692 22,692 Direct
Footnotes
  1. On March 4, 2014, 721 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, 2014, 841 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. On March 6, 2014, 874 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  5. On March 6, 2014, 742 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
  6. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $95.75 to $95.77 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.
  7. These options are immediately exercisable.
  8. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  9. These restricted stock units vest in accordance with the following schedule: 720 vest on each of the first through third anniversaries of the grant date and 721 vest on the fourth anniversary of the grant date (March 4, 2010).
  10. These options vest in accordance with the following schedule: 3,655 vest on each of the first and third anniversaries of the grant date and 3,656 vest on each of the second and fourth anniversaries of the grant date (March 4, 2011).
  11. These restricted stock units vest in accordance with the following schedule: 841 vest on each of the first through third anniversaries of the grant date and 842 vest on the fourth anniversary of the grant date (March 4, 2011).
  12. These options vest in accordance with the following schedule: 3,950 vest on each of the first through third anniversaries of the grant date and 3,951 vest on the fourth anniversary of the grant date (March 6, 2012).
  13. These restricted stock units vest in accordance with the following schedule: 873 vest on each of the first and the third anniversary of the grant date and 874 vest on each of the second and the fourth anniversary of the grant date (March 6, 2012).
  14. These options vest in accordance with the following schedule: 5,673 vest on each of the first through fourth anniversaries of the grant date (March 6, 2013).
  15. These restricted stock units vest in accordance with the following schedule: 742 vest on the first anniversary of the grant date and 743 vest on each of the second through fourth anniversaries of the grant date (March 6, 2013).
  16. These options vest in accordance with the following schedule: 7,573 vest on each of the first and the third anniversary of the grant date and 7,574 vest on each of the second and the fourth anniversary of the grant date (March 6, 2014).
  17. These restricted stock units vest in accordance with the following schedule: 768 vest on each of the first through third anniversaries of the grant date and 769 vest on the fourth anniversary of the grant date (March 6, 2014).