SEC Form 4 · accession 0001338678-16-000077
AMERICAN TOWER CORP /MA/ · AMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C. Marshall
Officer — EVP & President, U.S. Tower
Period of report
Jul 8, 2016
Accepted (ET)
Jul 12, 2016 · 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 | Jul 8, 2016 | M | 50,000 | $44.92 | A | 139,689 | D | |
| Common StockF3 | Jul 8, 2016 | S | 50,000 | $112.81 | D | 89,689 | D | |
| Common Stock | Jul 11, 2016 | M | 50,000 | $44.92 | A | 139,689 | D | |
| Common StockF4 | Jul 11, 2016 | S | 25,000 | $113.68 | D | 114,689 | D | |
| Common Stock | Jul 11, 2016 | S | 25,000 | $114.00 | D | 89,689 | D |
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 stockF5 | $44.92 | Jul 8, 2016 | M | 50,000 | D | — | Dec 3, 2017 | Common Stock | 50,000 | 100,000 | D |
| Option to purchase common stockF5 | $44.92 | Jul 11, 2016 | M | 50,000 | D | — | Dec 3, 2017 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Amount includes 188 shares acquired under the Company's employee stock purchase plan in May 2016.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2016.
- F3Represents the weighted average price of shares sold in multiple same-day transactions ranging from $112.33 to $113.18 per share.
- F4Represents the weighted average price of shares sold in multiple same-day transactions ranging from $113.00 to $113.98 per share.
- F5This option was granted pursuant to the 2007 Equity Incentive Plan and is exercisable in 25% cumulative annual increments beginning December 3, 2008.