George R. Krouse Jr. - 11 Aug 2023 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Issuer symbol
SBAC
Transactions as of
11 Aug 2023
Net transactions value
-$85,069
Form type
4
Filing time
14 Aug 2023, 17:33:04 UTC
Previous filing
30 May 2023
Next filing
24 Nov 2023
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 $85,069 -371 -4.2% $229.30 8,501 11 Aug 2023 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) 501 11 Aug 2023 Class A Common Stock 501 $212.31 Direct F1
holding SBAC Restricted Stock Units 207 11 Aug 2023 Class A Common Stock 207 Direct F2, F3
holding SBAC Restricted Stock Units 350 11 Aug 2023 Class A Common Stock 350 Direct F2, F4
holding SBAC Restricted Stock Units 743 11 Aug 2023 Class A Common Stock 743 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options are fully vested and exercisable.
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: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024.
F4 These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.
F5 These restricted stock units vest in accordance with the following schedule: 247 vest on May 1, 2024; 248 vest on May 1, 2025; and 248 vest on May 1, 2026.