Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001209191-17-020284
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-13 18:20:30
Reporting Period:
2017-03-10
Filing Date:
2017-03-13
Accepted Time:
2017-03-13 18:20:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034054 Sba Communications Corp SBAC Real Estate Investment Trusts (6798) 650716501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187378 L Kevin Beebe 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 2017-03-10 2,042 $32.81 9,097 No 4 M Direct
Class A Common Stock Disposition 2017-03-10 570 $118.12 8,527 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2017-03-10 2,042 $0.00 2,042 $32.81
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
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) $28.86 2019-10-28 10,000 10,000 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 Stock Options (Right to Buy) $96.80 2021-05-08 2,202 2,202 Direct
Class A Common Stock Restricted Stock Units $0.00 303 303 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 $0.00 498 498 Direct
Class A Common Stock Stock Options (Right to Buy) $100.00 2023-05-13 2,308 2,308 Direct
Class A Common Stock Restricted Stock Units $0.00 907 907 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-10-28 10,000 10,000 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
2021-05-08 2,202 2,202 Direct
303 303 Direct
2022-05-21 1,899 1,899 Direct
498 498 Direct
2023-05-13 2,308 2,308 Direct
907 907 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $118.11 to$118.12 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a securityholder of the issuer full information regarding the number of shares sold at each separate price.
  2. These options are immediately exercisable.
  3. 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.
  4. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  5. 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.
  6. 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.
  7. 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.
  8. These options vest in accordance with the following schedule: 769 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 769 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 770 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.
  9. These restricted stock units vest in accordance with the following schedule: 302 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 302 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 303 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.