SEC Form 4 · accession 0001338678-15-000017
AMERICAN TOWER CORP /MA/ · AMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Taiclet Jr.
Officer — Chairman, President and CEO · Director
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053507
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 10, 2015 | A | 23,792 | $0.00 | A | 217,702 | D | |
| Common Stock | Mar 10, 2015 | F | 13,377 | $94.57 | D | 204,325 | D | |
| Common Stock | Mar 11, 2015 | F | 6,687 | $94.63 | D | 197,638 | D | |
| Common StockF5 | holding | — | — | — | 1,420 | I | By minor children | |
| Common Stock | holding | — | — | — | 88,976 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF6 | $94.57 | Mar 10, 2015 | A | 298,211 | A | — | Mar 10, 2025 | Common Stock | 298,211 | 298,211 | D |
Explanation of responses
- F1These Restricted Stock Units (RSUs) were granted pursuant to the 2007 Equity Incentive Plan and vest in 25% cumulative annual increments beginning March 10, 2016. Each RSU respresents a contingent right to receive one share of Common Stock.
- F211,065 shares were returned to the reporting person's direct beneficial ownership on December 19, 2014 in the form of a scheduled annuity payment under the terms of a grantor retained annuity trust (GRAT).
- F3The issuer's method of reporting RSUs has been revised to report such grants in Table I rather than as previously reported in Table II. Accordingly, amount includes unvested RSUs previously reported in Table II.
- F4Shares delivered to the issuer for the payment of withholding taxes in connection with the vesting of RSUs previously granted under the 2007 Equity Incentive Plan.
- F5The reporting person disclaims beneficial ownership in shares owned by minor children. The reporting person no longer has a reportable interest in 210 shares that were included in his prior ownership reports as those shares are owned by a child who is now independent.
- F6This option was granted pursuant to the 2007 Equity Incentive Plan and is exercisable in 25% cumulative annual increments beginning March 10, 2016.