Vondran Steven O - 04 Mar 2024 Form 4 Insider Report for AMERICAN TOWER CORP /MA/ (AMT)

Signature
/s/ Marina A. Breed, as attorney-in-fact
Issuer symbol
AMT
Transactions as of
04 Mar 2024
Net transactions value
-$389,329
Form type
4
Filing time
06 Mar 2024, 17:00:39 UTC
Previous filing
01 Mar 2024
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMT Common Stock Options Exercise $265,053 +3,265 +5.6% $81.18 61,637 04 Mar 2024 Direct
transaction AMT Common Stock Sale $338,318 -1,696 -2.8% $199.48 59,941 04 Mar 2024 Direct F1, F2
transaction AMT Common Stock Sale $184,894 -919 -1.5% $201.19 59,022 04 Mar 2024 Direct F1, F3
transaction AMT Common Stock Sale $131,170 -650 -1.1% $201.80 58,372 04 Mar 2024 Direct F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMT Option to Purchase Common Stock Options Exercise $0 -3,265 -100% $0.000000* 0 04 Mar 2024 Common Stock 3,265 $81.18 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 27, 2023.
F2 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $199.03 to $199.94 per share.
F3 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $200.44 to $201.43 per share.
F4 Represents the weighted average price of shares sold in multiple same-day transactions at prices ranging from $201.58 to $202.23 per share.
F5 This option was granted pursuant to the 2007 Equity Incentive Plan, as amended, and is exercisable in 25% cumulative annual increments beginning March 10, 2015.