Fidelma M. Russo - 02 Jun 2021 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Thomas P. Hunt, Attorney-in-Fact
Issuer symbol
SBAC
Transactions as of
02 Jun 2021
Net transactions value
-$7,717
Form type
4
Filing time
04 Jun 2021, 18:02:12 UTC
Previous filing
17 May 2021
Next filing
03 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Sale $7,717 -25 -21% $308.67 94 02 Jun 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
holding SBAC Stock Options (Right to Buy) 10,000 02 Jun 2021 Class A Common Stock 10,000 $240.99 Direct F1
holding SBAC Restricted Stock Units 380 02 Jun 2021 Class A Common Stock 380 Direct F2, F3
holding SBAC Restricted Stock Units 619 02 Jun 2021 Class A Common Stock 619 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in accordance with the following schedule: 2,000 vest on each of the first through fifth anniversaries of the grant date (January 1, 2020).
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 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.
F4 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.