Quick Takeaways
- This page summarizes Steven E. Bernstein's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
- 2 reported transactions and 6 derivative rows are listed below.
- Filing timestamp: 01 May 2024, 18:15.
Steven E. Bernstein - 29 Apr 2024 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)
- Role
- Director
- Signature
- /s/ Joshua Koenig, Attorney-in-Fact
- Issuer symbol
- SBAC
- Transactions as of
- 29 Apr 2024
- Net transactions value
- +$260,964
- Form type
- 4
- Filing time
- 01 May 2024, 18:15:10 UTC
- Previous filing
- 07 Dec 2023
- Next filing
- 03 May 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Steven E. Bernstein filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 01 May 2024."
What Changed
- Previous filing in this sequence was filed on 07 Dec 2023.
- Current net transaction value: +$260,964.
Why This Matters
- 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.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SBAC | Class A Common Stock | Options Exercise | $260,964 | +1,977 | +68% | $132.00 | 4,880 | 29 Apr 2024 | Direct | |
| holding | SBAC | Class A Common Stock | 56,314 | 29 Apr 2024 | See Footnote | F1 |
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 | SBAC | Stock Options (Right to Buy) | Options Exercise | $0 | -1,977 | -100% | $0.000000* | 0 | 29 Apr 2024 | Class A Common Stock | 1,977 | $132.00 | Direct | F2 |
| holding | SBAC | Stock Options (Right to Buy) | 1,411 | 29 Apr 2024 | Class A Common Stock | 1,411 | $157.51 | Direct | F2 | |||||
| holding | SBAC | Stock Options (Right to Buy) | 1,501 | 29 Apr 2024 | Class A Common Stock | 1,501 | $212.31 | Direct | F2 | |||||
| holding | SBAC | Restricted Stock Units | 207 | 29 Apr 2024 | Class A Common Stock | 207 | Direct | F3, F4 | ||||||
| holding | SBAC | Restricted Stock Units | 350 | 29 Apr 2024 | Class A Common Stock | 350 | Direct | F3, F5 | ||||||
| holding | SBAC | Restricted Stock Units | 743 | 29 Apr 2024 | Class A Common Stock | 743 | Direct | F3, F6 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | These shares are held by the 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. |
| F2 | These options are fully vested and immediately exercisable. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |
| F4 | These restricted stock units vest in accordance with the following schedule: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024. |
| F5 | These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025. |
| F6 | These restricted stock units vest in accordance with the following schedule: 247 vest on May 1, 2024; 248 vest on May 1, 2025; and 248 vest on May 1, 2026. |