George R. Krouse Jr - 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, 06:13 PM
Next filing: Jun 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SBAC	Class A Common Stock	Gift	$0	-870	-7.89%	$0.00	10.2K	May 7, 2021	Direct	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	Restricted Stock Units	Award	$0	+619		$0.00	619	May 13, 2021	Class A Common Stock	619		Direct	F4, F7
holding	SBAC	Stock Options (Right to Buy)						471	May 13, 2021	Class A Common Stock	471	$157.51	Direct	F2
holding	SBAC	Stock Options (Right to Buy)						1.5K	May 13, 2021	Class A Common Stock	1.5K	$212.31	Direct	F3
holding	SBAC	Restricted Stock Units						183	May 13, 2021	Class A Common Stock	183		Direct	F4, F5
holding	SBAC	Restricted Stock Units						380	May 13, 2021	Class A Common Stock	380		Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person gifted these shares in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended.
F2	These options are immediately exercisable.
F3	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.
F4	Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5	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.
F6	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.
F7	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.