JACK LANGER - 12 May 2022 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
12 May 2022
Net transactions value
$0
Form type
4
Filing time
16 May 2022, 18:00:20 UTC
Previous filing
03 May 2022
Next filing
06 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBAC Class A Common Stock 5,037 12 May 2022 Direct
holding SBAC Class A Common Stock 19,846 12 May 2022 By Trust F1, F2

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 +525 $0.000000 525 12 May 2022 Class A Common Stock 525 Direct F5, F8
holding SBAC Stock Options (Right to Buy) 2,308 12 May 2022 Class A Common Stock 2,308 $100.00 Direct F3
holding SBAC Stock Options (Right to Buy) 1,977 12 May 2022 Class A Common Stock 1,977 $132.00 Direct F3
holding SBAC Stock Options (Right to Buy) 1,411 12 May 2022 Class A Common Stock 1,411 $157.51 Direct F3
holding SBAC Stock Options (Right to Buy) 1,501 12 May 2022 Class A Common Stock 1,501 $212.31 Direct F4
holding SBAC Restricted Stock Units 190 12 May 2022 Class A Common Stock 190 Direct F5, F6
holding SBAC Restricted Stock Units 413 12 May 2022 Class A Common Stock 413 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 33.152 shares acquired through a dividend reinvestment plan.
F2 The securities are held by The Jack Langer 2012 Irrevocable Family Trust for estate planning purposes. The trustee of the trust is the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
F3 These options are immediately exercisable.
F4 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.
F5 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
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.
F8 These restricted stock units vest in accordance with the following schedule: 175 vest on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.