Laurie Bowen - 01 May 2024 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Issuer symbol
SBAC
Transactions as of
01 May 2024
Net transactions value
-$17,010
Form type
4
Filing time
03 May 2024, 18:15:13 UTC
Previous filing
30 May 2023
Next filing
28 May 2024
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 Options Exercise +247 247 01 May 2024 Direct F1
transaction SBAC Class A Common Stock Tax liability $17,010 -91 -37% $186.12 156 01 May 2024 Direct 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 Options Exercise -247 -33% 496 01 May 2024 Class A Common Stock 247 Direct F1, F4, F5
holding SBAC Stock Options (Right to Buy) 10,000 01 May 2024 Class A Common Stock 10,000 $224.24 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 1, 2024, 247 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2 Shares withheld for tax liability.
F3 These options vest in accordance with the following schedule: 2,000 vest on each of the first through fifth anniversaries of the grant date (May 25, 2023).
F4 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5 These restricted stock units vest in accordance with the following schedule: 247 vested on May 1, 2024; 248 vest on May 1, 2025; and 248 vest on May 1, 2026.