Filing Details
- Accession Number:
- 0001181431-14-028766
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-08 18:50:25
- Reporting Period:
- 2014-08-06
- Filing Date:
- 2014-08-08
- Accepted Time:
- 2014-08-08 18:50:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1287502 | C Brian Carr | C/O Sba Communications Corporation 5900 Broken Sound Parkway N.w. Boca Raton FL 33487 | Yes | No | 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 | 2014-08-06 | 1,021 | $32.81 | 3,425 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2014-08-06 | 1,007 | $37.76 | 4,432 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2014-08-06 | 548 | $50.35 | 4,980 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2014-08-06 | 2,576 | $107.06 | 2,404 | No | 4 | S | 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 | 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 | 2014-08-06 | 1,021 | $0.00 | 1,021 | $32.81 |
| Class A Common Stock | Stock Options (Right to Buy) | Disposition | 2014-08-06 | 1,007 | $0.00 | 1,007 | $37.76 |
| Class A Common Stock | Stock Options (Right to Buy) | Disposition | 2014-08-06 | 548 | $0.00 | 548 | $50.35 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-05-06 | No | 4 | M | Direct | |
| 0 | 2018-05-04 | No | 4 | M | Direct | |
| 274 | 2019-05-17 | 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 | 241 | 241 | Direct | ||
| Class A Common Stock | Stock Options (Right to Buy) | $79.67 | 2020-05-09 | 999 | 999 | Direct | |
| Class A Common Stock | Restricted Stock Units | $0.00 | 346 | 346 | 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 |
|---|---|---|---|
| 241 | 241 | Direct | |
| 2020-05-09 | 999 | 999 | Direct |
| 346 | 346 | Direct | |
| 2021-05-08 | 2,202 | 2,202 | Direct |
| 909 | 909 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $107.00 to $107.19 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: 274 are vested; 274 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 274 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.
- 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: 242 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders and 241 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.
- These options vest in accordance with the following schedule: 333 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 333 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 333 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders.
- These restricted stock units vest in accordance with the following schedule: 174 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 173 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 173 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders.
- 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.
- 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.
Billionaire Hedge Funds
