Filing Details

Accession Number:
0001181431-14-021190
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-23 18:40:54
Reporting Period:
2014-05-23
Filing Date:
2014-05-23
Accepted Time:
2014-05-23 18:40:54
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
1089833 E Steven Bernstein C/O Sba Communications Corporation
5900 Broken Sound Parkway N.w.
Boca Raton FL 33487
Yes No No Yes
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 Disposition 2014-05-23 65,505 $100.61 174,637 No 4 S Indirect See footnote
Class A Common Stock Disposition 2014-05-23 9,495 $101.16 165,142 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 8,932 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) $14.80 2015-07-22 6,667 6,667 Direct
Class A Common Stock Stock Options (Right to Buy) $26.36 2016-05-05 10,000 10,000 Direct
Class A Common Stock Stock Options (Right to Buy) $34.49 2015-05-06 9,514 9,514 Direct
Class A Common Stock Stock Options (Right to Buy) $24.38 2016-05-07 9,374 9,374 Direct
Class A Common Stock Stock Options (Right to Buy) $32.81 2017-05-06 2,042 2,042 Direct
Class A Common Stock Stock Options (Right to Buy) $37.76 2018-05-04 2,015 2,015 Direct
Class A Common Stock Stock Options (Right to Buy) $50.35 2019-05-17 1,643 1,643 Direct
Class A Common Stock Restricted Stock Units $0.00 483 483 Direct
Class A Common Stock Stock Options (Right to Buy) $79.67 2020-05-09 1,999 1,999 Direct
Class A Common Stock Restricted Stock Units $0.00 693 693 Direct
Class A Common Stock Stock Options (Right to Buy) $96.80 2021-05-08 2,202 2,202 Direct
Class A Common Stock Restricted Stock Units $0.00 909 909 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-07-22 6,667 6,667 Direct
2016-05-05 10,000 10,000 Direct
2015-05-06 9,514 9,514 Direct
2016-05-07 9,374 9,374 Direct
2017-05-06 2,042 2,042 Direct
2018-05-04 2,015 2,015 Direct
2019-05-17 1,643 1,643 Direct
483 483 Direct
2020-05-09 1,999 1,999 Direct
693 693 Direct
2021-05-08 2,202 2,202 Direct
909 909 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $100.50 to $100.88 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. These shares are held by Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
  3. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $101.00 to $101.62 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.
  4. These options are immediately exercisable.
  5. These options vest in accordance with the following schedule: 548 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 547 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 548 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.
  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: 483 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 483 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 483 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.
  8. These options vest in accordance with the following schedule: 667 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 666 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 666 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders.
  9. These restricted stock units vest in accordance with the following schedule: 347 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 346 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 347 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders.
  10. These options vest in accordance with the following schedule: 734 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 734 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 734 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders.
  11. These restricted stock units vest in accordance with the following schedule: 303 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 303 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 303 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders.