SEC Form 4 · accession 0001338678-18-000003
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
Feb 27, 2018
Accepted (ET)
Mar 1, 2018 · 4:17 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 StockF1,F2,F3 | Feb 27, 2018 | A | 15,860 | $0.00 | A | 182,232 | D | |
| Common StockF4 | holding | — | — | — | 1,420 | I | By children | |
| Common StockF5 | holding | — | — | — | 164,152 | I | By GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the number of performance stock units ("PSUs") earned, as a result of the Compensation Committee's certification to the achievement of performance, under the terms of a PSU award granted on March 10, 2015. These shares will vest at the end of the three-year performance period, and each PSU represents a contingent right to receive one share of Common Stock.
- F213,211 shares were returned to the reporting person's direct beneficial ownership on December 20, 2017, in the form of scheduled annuity payments under the terms of a grantor retained annuity trust formed in 2013 ("2013 GRAT").
- F3117,546 shares were previously reported as directly beneficially owned. These shares were contributed to a grantor retained annuity trust formed in 2017 ("2017 GRAT") on May 5, 2017.
- F4The reporting person disclaims beneficial ownership in shares held by children.
- F5Includes 46,606 shares held in 2013 GRAT and 117,546 shares held in 2017 GRAT.