Filing Details

Accession Number:
0001181431-11-040807
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-08 19:07:08
Reporting Period:
2011-07-07
Filing Date:
2011-07-08
Accepted Time:
2011-07-08 19:07:08
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
1175022 L Kurt Bagwell C/O Sba Communications Corporation
5900 Broken Sound Parkway, Nw
Boca Raton FL 33487
President - International 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 2011-07-07 5,095 $28.54 121,547 No 4 M Direct
Class A Common Stock Acquisiton 2011-07-07 1 $19.68 121,548 No 4 M Direct
Class A Common Stock Disposition 2011-07-07 25,629 $40.00 95,919 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2011-07-07 5,095 $0.00 5,095 $28.54
Class A Common Stock Stock Options (Right to Buy) Disposition 2011-07-07 1 $0.00 1 $19.68
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
49,905 2014-02-26 No 4 M Direct
63,248 2016-03-05 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) $32.39 2015-02-28 65,000 65,000 Direct
Class A Common Stock Stock Options (Right to Buy) $35.71 2017-03-04 39,142 39,142 Direct
Class A Common Stock Restricted Stock Units $0.00 6,700 6,700 Direct
Class A Common Stock Stock Options (Right to Buy) $42.15 2018-03-04 43,519 43,519 Direct
Class A Common Stock Restricted Stock Units $0.00 10,016 10,016 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-02-28 65,000 65,000 Direct
2017-03-04 39,142 39,142 Direct
6,700 6,700 Direct
2018-03-04 43,519 43,519 Direct
10,016 10,016 Direct
Footnotes
  1. The sale occurred pursuant to an existing Rule 10b5-1 plan adopted by the Reporting Person.
  2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $40.00 to $40.03 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 immediately exercisable.
  4. These options vest in accordance with the following schedule: 16,250 vest on each of the first through fourth anniversaries of the grant date (February 28, 2008).
  5. These options vest in accordance with the following schedule: 21,083 vest on each of the first through fourth anniversaries of the grant date (March 5, 2009).
  6. These options vest in accordance with the following schedule: 9,785 vest on each of the first and the third anniversary of the grant date and 9,786 vest on each of the second and the fourth anniversary of the grant date (March 4, 2010).
  7. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  8. These restricted stock units vest in accordance with the following schedule: 2,233 vest on each of the first through the third anniversaries of the grant date and 2,234 vest on the fourth anniversary of the grant date (March 4, 2010).
  9. These options vest in accordance with the following schedule: 10,879 vest on the first anniversary of the grant date and 10,880 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011).
  10. These restricted stock units vest in accordance with the following schedule: 2,504 vest on each of the first through fourth anniversaries of the grant date (March 4, 2011).