| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SBAC | Class A Common Stock | Options Exercise | $0 | +3.37K | +2.41% | $0.00 | 144K | Mar 4, 2024 | Direct | F1 |
| transaction | SBAC | Class A Common Stock | Tax liability | -$260K | -1.25K | -0.87% | $208.29 | 142K | Mar 4, 2024 | Direct | F2 |
| transaction | SBAC | Class A Common Stock | Options Exercise | $0 | +20.2K | +14.22% | $0.00 | 163K | Mar 4, 2024 | Direct | F3 |
| transaction | SBAC | Class A Common Stock | Tax liability | -$1.51M | -7.24K | -4.46% | $208.29 | 155K | Mar 4, 2024 | Direct | F2 |
| transaction | SBAC | Class A Common Stock | Options Exercise | $0 | +2.97K | +1.91% | $0.00 | 158K | Mar 4, 2024 | Direct | |
| transaction | SBAC | Class A Common Stock | Tax liability | -$229K | -1.1K | -0.69% | $208.29 | 157K | Mar 4, 2024 | Direct | F2 |
| holding | SBAC | Class A Common Stock | 260K | Mar 4, 2024 | By Limited Partnership | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SBAC | Restricted Stock Units | Options Exercise | $0 | -3.37K | -100% | $0.00* | 0 | Mar 4, 2024 | Class A Common Stock | 3.37K | Direct | F6, F7 | |
| transaction | SBAC | Performance Restricted Stock Units | Options Exercise | $0 | -10.1K | -100% | $0.00* | 0 | Mar 4, 2024 | Class A Common Stock | 10.1K | Direct | F3, F8, F9 | |
| transaction | SBAC | Restricted Stock Units | Options Exercise | $0 | -2.97K | -50% | $0.00 | 2.97K | Mar 4, 2024 | Class A Common Stock | 2.97K | Direct | F6, F10 | |
| holding | SBAC | Stock Options (Right to Buy) | 138K | Mar 4, 2024 | Class A Common Stock | 138K | $156.50 | Direct | F5 | |||||
| holding | SBAC | Stock Options (Right to Buy) | 149K | Mar 4, 2024 | Class A Common Stock | 149K | $182.30 | Direct | F5 | |||||
| holding | SBAC | Performance Restricted Stock Units | 8.89K | Mar 4, 2024 | Class A Common Stock | 8.89K | Direct | F8, F11 | ||||||
| holding | SBAC | Performance Restricted Stock Units | 8.89K | Mar 4, 2024 | Class A Common Stock | 8.89K | Direct | F8, F12 | ||||||
| holding | SBAC | Restricted Stock Units | 10.4K | Mar 4, 2024 | Class A Common Stock | 10.4K | Direct | F6, F13 | ||||||
| holding | SBAC | Performance Restricted Stock Units | 10.4K | Mar 4, 2024 | Class A Common Stock | 10.4K | Direct | F8, F14 | ||||||
| holding | SBAC | Performance Restricted Stock Units | 10.4K | Mar 4, 2024 | Class A Common Stock | 10.4K | Direct | F8, F15 |
| Id | Content |
|---|---|
| F1 | Includes an aggregate of 101.23 shares acquired on March 1, 2024 pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan. |
| F2 | Shares withheld for payment of tax liability. |
| F3 | As previously reported on a Form 4, the Reporting Person was awarded 10,118 performance restricted stock units (PSUs) on March 4, 2021 which were subject to increase or decrease based the results of the performance condition. On March 4, 2024, these PSUs vested at 200% of target based on the results of the performance condition, such that 20,236 shares of Class A Common Stock became issuable to the Reporting Person. |
| F4 | These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein. |
| F5 | These stock options are fully vested and exercisable. |
| F6 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |
| F7 | These restricted stock units vest in accordance with the following schedule: 3,372 vested on the first anniversary of the grant date and 3,373 vest on each of the second and third anniversaries of the grant date (March 4, 2021). |
| F8 | Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |
| F9 | These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance period. |
| F10 | These restricted stock units vest in accordance with the following schedule: 2,964 vested on the first anniversary of the grant date and 2,965 vest on each of the second and third anniversaries of the grant date (March 4, 2022). |
| F11 | These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance period. |
| F12 | These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance period. |
| F13 | These restricted stock units vest in accordance with the following schedule: 3,468 vest on the first through third anniversaries of the grant date (March 6, 2023). |
| F14 | These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance period. |
| F15 | These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance period. |