Key facts
- This page summarizes Jeffrey Stoops's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
- 2 reported transactions and 11 derivative rows are listed below.
- Accepted by SEC: 17 Nov 2023, 17:00.
Jeffrey Stoops - 15 Nov 2023 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)
- Reporting relationship
- Chief Executive Officer & Pres, Director
- Issuer ticker
- SBAC
- Reported as of
- 15 Nov 2023
- Net transaction value
- -$10,710,600
- SEC form
- 4
- Accepted by SEC
- 17 Nov 2023, 17:00:11 UTC
- Prior SEC filing
- 14 Nov 2023
- Next SEC filing
- 29 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Joshua Koenig, 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 17 Nov 2023.
Change
- Previous filing in this sequence was filed on 14 Nov 2023.
- Current net transaction value: -$10,710,600.
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
Sale
- Transaction value
- $7,630,673
- Shares
- -32,638
- Change %
- -39%
- Price
- $233.80
- Shares after
- 51,030
- Date
- 15 Nov 2023
- Ownership
- By LLC
- Footnotes
- F1, F2
SBAC
transaction
Class A Common Stock
Sale
- Transaction value
- $3,079,927
- Shares
- -13,141
- Change %
- -26%
- Price
- $234.38
- Shares after
- 37,889
- Date
- 15 Nov 2023
- Ownership
- By LLC
- Footnotes
- F2, F3
SBAC
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 155,074
- Date
- 15 Nov 2023
- Ownership
- Direct
SBAC
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 259,863
- Date
- 15 Nov 2023
- Ownership
- By Limited Partnership
- Footnotes
- F4
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
- 137,601
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 137,601
- Exercise price
- $156.50
- Footnotes
- F5
SBAC
holding
Derivative
Stock Options (Right to Buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 149,446
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 149,446
- Exercise price
- $182.30
- Footnotes
- F5
SBAC
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,373
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,373
- Exercise price
- Footnotes
- F6, F7
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,118
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,118
- Exercise price
- Footnotes
- F8, F9
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,118
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,118
- Exercise price
- Footnotes
- F8, F10
SBAC
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,930
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,930
- Exercise price
- Footnotes
- F6, F11
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,894
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,894
- Exercise price
- Footnotes
- F8, F12
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,894
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,894
- Exercise price
- Footnotes
- F8, F13
SBAC
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,404
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,404
- Exercise price
- Footnotes
- F6, F14
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,404
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,404
- Exercise price
- Footnotes
- F8, F15
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,404
- Date
- 15 Nov 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,404
- Exercise price
- Footnotes
- F8, F16
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 16 footnotes
Footnote F1
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $233.23 to $234.23 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
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 F3
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $234.24 to $234.70 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 F4
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 F5
These options are fully vested and exercisable.
Footnote F6
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Footnote F7
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 F8
Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Footnote F9
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 F10
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 F11
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 F12
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 F13
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 F14
These restricted stock units vest in accordance with the following schedule: 3,468 vest on the first through third anniversaries of the grant date (March 6, 2023).
Footnote F15
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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 March 6, 2026, 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.