SEC Form 4 · accession 0001209191-17-016886
SBA COMMUNICATIONS CORP · SBAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P Hunt
Officer — Executive VP/General Counsel
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 6:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001034054
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 28, 2017 | M | 36,342 | $35.71 | A | 133,751 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $35.71 | Feb 28, 2017 | M | 36,342 | D | — | Mar 4, 2017 | Class A Common Stock | 36,342 | 0 | D |
| Stock Options (Right to Buy)F1 | $42.15 | holding | — | — | — | — | Mar 4, 2018 | Class A Common Stock | 41,147 | 41,147 | D |
| Stock Options (Right to Buy)F1 | $47.52 | holding | — | — | — | — | Mar 6, 2019 | Class A Common Stock | 44,908 | 44,908 | D |
| Stock Options (Right to Buy)F2 | $72.99 | holding | — | — | — | — | Mar 6, 2020 | Class A Common Stock | 62,448 | 62,448 | D |
| Restricted Stock UnitsF3,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 2,045 | 2,045 | D |
| Stock Options (Right to Buy)F5 | $95.53 | holding | — | — | — | — | Mar 6, 2021 | Class A Common Stock | 73,062 | 73,062 | D |
| Restricted Stock UnitsF3,F6 | — | holding | — | — | — | — | — | Class A Common Stock | 3,706 | 3,706 | D |
| Stock Options (Right to Buy)F7 | $124.59 | holding | — | — | — | — | Mar 5, 2022 | Class A Common Stock | 64,435 | 64,435 | D |
| Restricted Stock UnitsF3,F8 | — | holding | — | — | — | — | — | Class A Common Stock | 4,837 | 4,837 | D |
| Stock Options (Right to Buy)F9 | $96.58 | holding | — | — | — | — | Mar 4, 2023 | Class A Common Stock | 80,832 | 80,832 | D |
| Restricted Stock UnitsF3,F10 | — | holding | — | — | — | — | — | Class A Common Stock | 7,901 | 7,901 | D |
Explanation of responses
- F1These options are immediately exercisable.
- F10These restricted stock units vest in accordance with the following schedule: 1,975 vest on each of the first through third anniversaries of the grant date and 1,976 vest on the fourth anniversary of the grant date (March 4, 2016).
- F2These options vest in accordance with the following schedule: 15,612 vest on each of the first through fourth anniversaries of the grant date (March 6, 2013).
- F3Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F4These restricted stock units vest in accordance with the following schedule: 2,044 vest on each of the first through the third anniversaries of the grant date and 2,045 vest on the fourth anniversary of the grant date (March 6, 2013).
- F5These options vest in accordance with the following schedule: 18,265 vest on each of the first and the third anniversary of the grant date and 18,266 vest on each of the second and the fourth anniversary of the grant date (March 6, 2014).
- F6These restricted stock units vest in accordance with the following schedule: 1,853 vest on each of the first through fourth anniversaries of the grant date (March 6, 2014).
- F7These options vest in accordance with the following schedule: 16,108 vest on the first anniversary of the grant date and 16,109 vest on each of the second through fourth anniversaries of the grant date (March 5, 2015).
- F8These restricted stock units vest in accordance with the following schedule: 1,612 vest on each of the first through third anniversaries of the grant date and 1,613 vest on the fourth anniversary of the grant date (March 5, 2015).
- F9These options vest in accordance with the following schedule: 20,208 vest on each of the first through fourth anniversaries of the grant date (March 4, 2016).