Filing Details

Accession Number:
0001209191-15-083357
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-12-03 18:36:55
Reporting Period:
2015-12-01
Filing Date:
2015-12-03
Accepted Time:
2015-12-03 18:36:55
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
1131765 Duncan Cocroft C/O Sba Communications Corporation
8051 Congress Avenue
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 2015-12-01 10,000 $26.36 81,156 No 4 M Direct
Class A Common Stock Disposition 2015-12-01 4,539 $106.39 76,617 No 4 F Direct
Class A Common Stock Disposition 2015-12-01 1,391 $109.30 75,226 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 2015-12-01 10,000 $0.00 10,000 $26.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-05-05 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) $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 Stock Options (Right to Buy) $79.67 2020-05-09 1,999 1,999 Direct
Class A Common Stock Restricted Stock Units $0.00 347 347 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 $0.00 606 606 Direct
Class A Common Stock Stock Options (Right to Buy) $113.55 2022-05-21 1,899 1,899 Direct
Class A Common Stock Restricted Stock Units $0.00 747 747 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
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
2020-05-09 1,999 1,999 Direct
347 347 Direct
2021-05-08 2,202 2,202 Direct
606 606 Direct
2022-05-21 1,899 1,899 Direct
747 747 Direct
Footnotes
  1. Shares withheld for payment of tax liability and option exercise price.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $109.29 to $109.30 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.
  3. These options are exercisable immediately.
  4. 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.
  5. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  6. 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.
  7. 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.
  8. 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.
  9. These options vest in accordance with the following schedule: 633 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 633 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 633 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.
  10. These restricted stock units vest in accordance with the following schedule: 249 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 249 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 249 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.