Steven E. Bernstein - 19 Jan 2022 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Jan 2022, 16:48:15 UTC
Prior SEC filing
17 May 2021
Next SEC filing
03 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Thomas P. Hunt, Attorney-in-Fact

Key filing fact

Steven E. Bernstein filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 21 Jan 2022.

Key facts

  • This page summarizes Steven E. Bernstein's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
  • 2 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 21 Jan 2022, 16:48.

Change

  • Previous filing in this sequence was filed on 17 May 2021.
  • Current net transaction value: +$215,631.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SBAC transaction

Class A Common Stock

Options Exercise

Transaction value
$215,631
Shares
+1,899
Change %
+39%
Price
$113.55
Shares after
6,738
Date
19 Jan 2022
Ownership
Direct
SBAC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
102,390
Date
19 Jan 2022
Ownership
See Footnote
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SBAC transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-1,899
Change %
-100%
Price
$0.000000*
Shares after
0
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,899
Exercise price
$113.55
Footnotes
F2
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,308
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,308
Exercise price
$100.00
Footnotes
F2
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,977
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,977
Exercise price
$132.00
Footnotes
F2
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,411
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,411
Exercise price
$157.51
Footnotes
F2
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,501
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,501
Exercise price
$212.31
Footnotes
F3
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
183
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
183
Exercise price
Footnotes
F4, F5
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
380
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
380
Exercise price
Footnotes
F4, F6
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
619
Date
19 Jan 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
619
Exercise price
Footnotes
F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

These shares are held by Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Footnote F2

These options are exercisable immediately.

Footnote F3

These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

Footnote F5

These restricted stock units vest in accordance with the following schedule: 181 vest on May 1, 2020; 182 vest on May 1, 2021; and 183 vest on May 1, 2022.

Footnote F6

These restricted stock units vest in accordance with the following schedule: 190 vest on May 1, 2021; 190 vest on May 1, 2022; and 190 vest on May 1, 2023.

Footnote F7

These restricted stock units vest in accordance with the following schedule: 206 vest on May 1, 2022; 206 vest on May 1, 2023; and 207 vest on May 1, 2024.

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