Duncan Cocroft - 04 Aug 2022 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Reporting relationship
Director
Issuer ticker
SBAC
Reported as of
04 Aug 2022
Net transaction value
-$396,787
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Aug 2022, 17:02:13 UTC
Prior SEC filing
16 May 2022
Next SEC filing
01 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Thomas P. Hunt, Attorney-in-Fact

Key filing fact

Duncan Cocroft filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 05 Aug 2022.

Key facts

  • This page summarizes Duncan Cocroft's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
  • 2 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 05 Aug 2022, 17:02.

Change

  • Previous filing in this sequence was filed on 16 May 2022.
  • Current net transaction value: -$396,787.

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

Sale

Transaction value
$396,520
Shares
-1,151
Change %
-1.8%
Price
$344.50
Shares after
64,593
Date
04 Aug 2022
Ownership
Direct
Footnotes
F1
SBAC transaction

Class A Common Stock

Sale

Transaction value
$267
Shares
-1
Change %
-0%
Price
$346.26
Shares after
64,592
Date
04 Aug 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,308
Date
04 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,308
Exercise price
$100.00
Footnotes
F3
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,977
Date
04 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,977
Exercise price
$132.00
Footnotes
F3
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,411
Date
04 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,411
Exercise price
$157.51
Footnotes
F3
SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,501
Date
04 Aug 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
190
Date
04 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
190
Exercise price
Footnotes
F4, F5
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
413
Date
04 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
413
Exercise price
Footnotes
F4, F6
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
525
Date
04 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
525
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

Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $344.50 to $344.51 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.

Footnote F2

Reflects the sale of fractional shares by the plan administrator.

Footnote F3

These options are fully vested and exercisable.

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: 190 vest on May 1, 2021; 190 vest on May 1, 2022; and 190 vest on May 1, 2023.

Footnote F6

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.

Footnote F7

These restricted stock units vest in accordance with the following schedule: 175 vest on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.

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