AI assistant
SBA COMMUNICATIONS CORP — Director's Dealing 2016
May 17, 2016
30276_dirs_2016-05-16_47c4d846-d612-4a09-915f-5be9e62075b1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2016-05-12
Reporting Person: Chan Mary S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-12 | Class A Common Stock | M | 249 | — | Acquired | 249 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-12 | Restricted Stock Units | $ | M | 249 | Disposed | Class A Common Stock (249) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $116.19 | 2025-05-01 | Class A Common Stock (10000) | 10000 | Direct |
| Stock Options (Right to Buy) | $113.55 | 2022-05-21 | Class A Common Stock (1899) | 1899 | Direct |
Footnotes
F1: On May 12, 2016, 249 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2: These options vest in accordance with the following schedule: 2,000 vest on each of the first through fifth anniversaries of the grant date (May 1, 2015).
F3: These options vest in accordance with the following schedule: 633 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 633 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 633 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.
F4: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5: These restricted stock units vest in accordance with the following schedule: 249 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 249 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 249 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.