Jay LeCoryelle Johnson - 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, 18:06:32 UTC
Previous filing
06 May 2022
Next filing
06 Jul 2022

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 F2, F3
holding SBAC Stock Options (Right to Buy) 10,000 12 May 2022 Class A Common Stock 10,000 $328.99 Direct F1
* 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 (March 28, 2022).
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: 175 vest on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.