Jack Langer - Jan 18, 2024 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Stock symbol
SBAC
Transactions as of
Jan 18, 2024
Transactions value $
$0
Form type
4
Date filed
1/22/2024, 09:30 PM
Previous filing
May 30, 2023
Next filing
Apr 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Gift $0 -52 -0.8% $0.00 6.46K Jan 18, 2024 Direct F1, F2
holding SBAC Class A Common Stock 20K Jan 18, 2024 By Trust F3

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) 1.98K Jan 18, 2024 Class A Common Stock 1.98K $132.00 Direct F4
holding SBAC Stock Options (Right to Buy) 1.41K Jan 18, 2024 Class A Common Stock 1.41K $157.51 Direct F4
holding SBAC Stock Options (Right to Buy) 1.5K Jan 18, 2024 Class A Common Stock 1.5K $212.31 Direct F4
holding SBAC Restricted Stock Units 207 Jan 18, 2024 Class A Common Stock 207 Direct F5, F6
holding SBAC Restricted Stock Units 350 Jan 18, 2024 Class A Common Stock 350 Direct F5, F7
holding SBAC Restricted Stock Units 743 Jan 18, 2024 Class A Common Stock 743 Direct F5, F8
* 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 to a 501(c)(3) institution in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended.
F2 Includes 108.435 shares acquired through a dividend reinvestment plan.
F3 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.
F4 These options are fully vested and exercisable.
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: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024.
F7 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.
F8 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.