Form 4 for SBAC SBA Communications
Accepted 2021-12-16 00:00:00 ET · period of report 2021-12-14 · accession 0001209191-21-070079 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-12-16 | 2021-12-15 | SBAC | GC, Executive VP | S - Sale+OE | $365.93 | -1,087 | 117.9K | -0.9% | -$397.8K | |
| DM | 2021-12-16 | 2021-12-14 | SBAC | GC, Executive VP | M - OptEx | $124.76 | +282.4K | 69.1K | New | +$35.23M | |
| D | 2021-12-16 | 2021-12-14 | SBAC | GC, Executive VP | F - Tax | $365.02 | -169.3K | 118.6K | -59% | -$61.79M | |
| DM | 2021-12-16 | 2021-12-14 | SBAC | GC, Executive VP | M - OptEx | $0.00 | -282.4K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-12-15 | S | D | 409 | $366.60 | 117,492 | D | — | — | (F3) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $366.30 to $367.06 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 | Common | Class A Common Stock | 2021-12-14 | M | A | 28,842 | $182.30 | 166,480 | D | — | — | |
| 3 | Common | Class A Common Stock | 2021-12-14 | M | A | 40,555 | $156.50 | 287,867 | D | — | — | |
| 4 | Common | Class A Common Stock | 2021-12-14 | M | A | 68,540 | $115.17 | 137,638 | D | — | — | |
| 5 | Common | Class A Common Stock | 2021-12-15 | S | D | 678 | $365.52 | 117,901 | D | — | — | (F2) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $365.06 to $365.94 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. |
| 6 | Common | Class A Common Stock | 2021-12-14 | F | D | 169,288 | $365.02 | 118,579 | D | — | — | (F1) Shares withheld for payment of tax liability and option exercise price. |
| 7 | Common | Class A Common Stock | 2021-12-14 | M | A | 80,832 | $96.58 | 247,312 | D | — | — | |
| 8 | Common | Class A Common Stock | 2021-12-14 | M | A | 63,633 | $124.59 | 69,098 | D | — | — | |
| 9 | Derivative | Stock Options (Right to Buy) | 2021-12-14 | M | D | 28,842 | $0.00 | 29,391 | D | $182.30 · — to 2026-03-06 | 28,842 Class A Common Stock | (F8) These options vest in accordance with the following schedule: 14,695 vest on each of the first through third anniversaries of the grant date and 14,696 vest on the fourth anniversary of the grant date (March 6, 2019). |
| 10 | Derivative | Stock Options (Right to Buy) | 2021-12-14 | M | D | 40,555 | $0.00 | 13,519 | D | $156.50 · — to 2025-03-06 | 40,555 Class A Common Stock | (F5) These options vest in accordance with the following schedule: 13,518 vest on each of the first and the third anniversaries of the grant date, and 13,519 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018). |
| 11 | Derivative | Stock Options (Right to Buy) | 2021-12-14 | M | D | 68,540 | $0.00 | 0 | D | $115.17 · — to 2024-03-06 | 68,540 Class A Common Stock | (F4) These options are immediately exercisable. |
| 12 | Derivative | Stock Options (Right to Buy) | 2021-12-14 | M | D | 80,832 | $0.00 | 0 | D | $96.58 · — to 2023-03-04 | 80,832 Class A Common Stock | (F4) These options are immediately exercisable. |
| 13 | Derivative | Stock Options (Right to Buy) | 2021-12-14 | M | D | 63,633 | $0.00 | 0 | D | $124.59 · — to 2022-03-05 | 63,633 Class A Common Stock | (F4) These options are immediately exercisable. |