SEC Form 4 · accession 0001338678-16-000090
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
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 4:15 pm EST
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 Stock | Dec 5, 2016 | M | 40,000 | $28.39 | A | 266,517 | D | |
| Common StockF2 | Dec 5, 2016 | S | 38,753 | $101.80 | D | 227,764 | D | |
| Common StockF3 | Dec 5, 2016 | S | 1,247 | $102.33 | D | 226,517 | D | |
| Common StockF4 | holding | — | — | — | 1,420 | I | By children | |
| Common Stock | holding | — | — | — | 74,887 | 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 StockF5 | $28.39 | Dec 5, 2016 | M | 40,000 | D | — | Mar 10, 2019 | Common Stock | 40,000 | 149,760 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 1, 2016.
- F2Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $101.26 to $102.24 per share.
- F3Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $102.31 to $102.38 per share.
- F4The reporting person disclaims beneficial ownership in shares held by children.
- F5This option was granted pursuant to the 2007 Equity Incentive Plan and is exercisable in 25% cummualtive annual increments beginning March 10, 2010.