Form 4 for SBAC SBA Communications
Accepted 2023-12-15 00:00:00 ET · period of report 2023-12-13 · accession 0001209191-23-058869 · 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 | 2023-12-15 | 2023-12-13 | SBAC | Lazarus Brian D | SVP, CAO | S - Sale+OE | $249.35 | -20.6K | 13.8K | -60% | -$5.14M |
| D | 2023-12-15 | 2023-12-13 | SBAC | Lazarus Brian D | SVP, CAO | M - OptEx | $156.50 | +20.6K | 27.7K | +291% | +$3.22M |
| D | 2023-12-15 | 2023-12-13 | SBAC | Lazarus Brian D | SVP, CAO | M - OptEx | $0.00 | -20.6K | 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 | 2023-12-13 | S | D | 2,800 | $251.17 | 7,085.06 | D | — | — | (F5) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $250.59 to $251.42 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 | 2023-12-13 | S | D | 3,915 | $250.12 | 9,885.06 | D | — | — | (F4) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $249.48 to $250.43 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 | Common | Class A Common Stock | 2023-12-13 | S | D | 13,890 | $248.77 | 13,800.06 | D | — | — | (F3) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $248.04 to $248.98 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. |
| 4 | Common | Class A Common Stock | 2023-12-13 | M | A | 20,605 | $156.50 | 27,690.06 | D | — | — | (F2) Includes 77.062 shares acquired through a dividend reinvestment plan. (F1) Reflects shares previously held directly by the Reporting Person which were contributed to the Reporting Person's GRAT (defined below). |
| 5 | Derivative | Stock Options (Right to Buy) | 2023-12-13 | M | D | 20,605 | $0.00 | 0 | D | $156.50 · — to 2025-03-06 | 20,605 Class A Common Stock | (F8) These options are immediately exercisable. |