Duncan Cocroft - May 13, 2021 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Thomas P. Hunt, Attorney-in-Fact
Stock symbol
SBAC
Transactions as of
May 13, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2021, 06:11 PM
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBAC Class A Common Stock 68.4K May 13, 2021 Direct

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 Restricted Stock Units Award $0 +619 $0.00 619 May 13, 2021 Class A Common Stock 619 Direct F3, F6
holding SBAC Stock Options (Right to Buy) 1.9K May 13, 2021 Class A Common Stock 1.9K $113.55 Direct F1
holding SBAC Stock Options (Right to Buy) 2.31K May 13, 2021 Class A Common Stock 2.31K $100.00 Direct F1
holding SBAC Stock Options (Right to Buy) 1.98K May 13, 2021 Class A Common Stock 1.98K $132.00 Direct F1
holding SBAC Stock Options (Right to Buy) 1.41K May 13, 2021 Class A Common Stock 1.41K $157.51 Direct F1
holding SBAC Stock Options (Right to Buy) 1.5K May 13, 2021 Class A Common Stock 1.5K $212.31 Direct F2
holding SBAC Restricted Stock Units 183 May 13, 2021 Class A Common Stock 183 Direct F3, F4
holding SBAC Restricted Stock Units 380 May 13, 2021 Class A Common Stock 380 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options are exercisable immediately.
F2 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.
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: 181 vest on May 1, 2020; 182 vest on May 1, 2021; and 183 vest on May 1, 2022.
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.
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.