Key facts
- This page summarizes Jeffrey Stoops's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
- 11 reported transactions and 13 derivative rows are listed below.
- Accepted by SEC: 08 Mar 2022, 17:29.
Jeffrey Stoops - 04 Mar 2022 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)
- Reporting relationship
- Chief Executive Officer & Pres, Director
- Issuer ticker
- SBAC
- Reported as of
- 04 Mar 2022
- Net transaction value
- -$1,270,379
- SEC form
- 4
- Accepted by SEC
- 08 Mar 2022, 17:29:38 UTC
- Prior SEC filing
- 01 Mar 2022
- Next SEC filing
- 26 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Thomas P. Hunt, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey Stoops filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 08 Mar 2022.
Change
- Previous filing in this sequence was filed on 01 Mar 2022.
- Current net transaction value: -$1,270,379.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- Shares
- +3,372
- Change %
- +1%
- Price
- Shares after
- 340,806
- Date
- 04 Mar 2022
- Ownership
- Direct
- Footnotes
- F1, F2
SBAC
transaction
Class A Common Stock
Tax liability
- Transaction value
- $404,411
- Shares
- -1,240
- Change %
- -0.36%
- Price
- $326.03
- Shares after
- 339,565
- Date
- 04 Mar 2022
- Ownership
- Direct
- Footnotes
- F3
SBAC
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +3,586
- Change %
- +1.1%
- Price
- Shares after
- 343,151
- Date
- 06 Mar 2022
- Ownership
- Direct
- Footnotes
- F4
SBAC
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +3,487
- Change %
- +1%
- Price
- Shares after
- 346,638
- Date
- 06 Mar 2022
- Ownership
- Direct
- Footnotes
- F5
SBAC
transaction
Class A Common Stock
Tax liability
- Transaction value
- $865,968
- Shares
- -2,617
- Change %
- -0.75%
- Price
- $330.90
- Shares after
- 344,021
- Date
- 06 Mar 2022
- Ownership
- Direct
- Footnotes
- F3
SBAC
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 113,668
- Date
- 04 Mar 2022
- Ownership
- By LLC
- Footnotes
- F6
SBAC
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 259,863
- Date
- 04 Mar 2022
- Ownership
- By Limited Partnership
- Footnotes
- F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SBAC
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -3,586
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,586
- Exercise price
- Footnotes
- F4, F9, F10
SBAC
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -3,487
- Change %
- -50%
- Price
- Shares after
- 3,488
- Date
- 06 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,487
- Exercise price
- Footnotes
- F5, F9, F12
SBAC
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -3,372
- Change %
- -33%
- Price
- Shares after
- 6,746
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,372
- Exercise price
- Footnotes
- F1, F9, F17
SBAC
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +8,894
- Change %
- Price
- $0.000000
- Shares after
- 8,894
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,894
- Exercise price
- Footnotes
- F9, F20
SBAC
transaction
Derivative
Performance Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +8,894
- Change %
- Price
- $0.000000
- Shares after
- 8,894
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,894
- Exercise price
- Footnotes
- F14, F21
SBAC
transaction
Derivative
Performance Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +8,894
- Change %
- Price
- $0.000000
- Shares after
- 8,894
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,894
- Exercise price
- Footnotes
- F14, F22
SBAC
holding
Derivative
Stock Options (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 137,601
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 137,601
- Exercise price
- $156.50
- Footnotes
- F8
SBAC
holding
Derivative
Stock Options (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 149,446
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 149,446
- Exercise price
- $182.30
- Footnotes
- F11
SBAC
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,256
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,256
- Exercise price
- Footnotes
- F9, F13
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,768
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,768
- Exercise price
- Footnotes
- F14, F15
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,768
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,768
- Exercise price
- Footnotes
- F14, F16
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,118
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,118
- Exercise price
- Footnotes
- F14, F18
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,118
- Date
- 04 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,118
- Exercise price
- Footnotes
- F14, F19
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 22 footnotes
Footnote F1
On March 4, 2022, 3,372 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Footnote F2
Includes 72 shares acquired on February 28, 2022 pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan.
Footnote F3
Shares withheld for payment of tax liability.
Footnote F4
On March 6, 2022, 3,586 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Footnote F5
On March 6, 2022, 3,487 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Footnote F6
These shares are owned by Calculated Risk SBA Holdings, LLC, a Delaware limited liability company ("CRLLC"). The Reporting Person and his spouse control the manager of CRLLC. The Reporting Person disclaims beneficial ownership of the stock owned by CRLLC except to the extent of his pecuniary interest therein.
Footnote F7
These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.
Footnote F8
These options are immediately exercisable.
Footnote F9
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Footnote F10
These restricted stock units vest in accordance with the following schedule: 3,585 vest on the first anniversary of the grant date and 3,586 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018).
Footnote F11
These options vest in accordance with the following schedule: 37,498 vest on each of the first and third anniversaries of the grant date and 37,499 vest on each of the second and fourth anniversaries of the grant date (March 6, 2019).
Footnote F12
These restricted stock units vest in accordance with the following schedule: 3,487 vest on each of the first and third anniversaries of the grant date and 3,488 vest on each of the second and fourth anniversaries of the grant date (March 6, 2019).
Footnote F13
These restricted stock units vest in accordance with the following schedule: 3,256 vest on each of the first through third anniversaries of the grant date (February 25, 2020).
Footnote F14
Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Footnote F15
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
Footnote F16
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
Footnote F17
These restricted stock units vest in accordance with the following schedule: 3,372 vest on the first anniversary of the grant date and 3,373 vest on each of the second and third anniversaries of the grant date (March 4, 2021).
Footnote F18
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
Footnote F19
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
Footnote F20
These restricted stock units vest in accordance with the following schedule: 2,964 vest on the first anniversary of the grant date and 2,965 vest on each of the second and third anniversaries of the grant date (March 4, 2022).
Footnote F21
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
Footnote F22
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.