Mary S. Chan - May 1, 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
May 1, 2024
Transactions value $
-$43,316
Form type
4
Date filed
5/3/2024, 06:15 PM
Previous filing
Apr 29, 2024
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Options Exercise +207 +4.42% 4.9K May 1, 2024 Direct F1, F2
transaction SBAC Class A Common Stock Options Exercise +175 +3.58% 5.07K May 1, 2024 Direct F3
transaction SBAC Class A Common Stock Options Exercise +247 +4.87% 5.32K May 1, 2024 Direct F4
transaction SBAC Class A Common Stock Tax liability -$43.3K -233 -4.34% $186.12 5.13K May 1, 2024 Direct F5

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 -207 -100% 0 May 1, 2024 Class A Common Stock 207 Direct F1, F7, F8
transaction SBAC Restricted Stock Units Options Exercise -175 -50% 175 May 1, 2024 Class A Common Stock 175 Direct F3, F7, F9
transaction SBAC Restricted Stock Units Options Exercise -247 -33.24% 496 May 1, 2024 Class A Common Stock 247 Direct F4, F7, F10
holding SBAC Stock Options (Right to Buy) 1.41K May 1, 2024 Class A Common Stock 1.41K $157.51 Direct F6
holding SBAC Stock Options (Right to Buy) 1.5K May 1, 2024 Class A Common Stock 1.5K $212.31 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 1, 2024, 207 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2 Includes 66.146 shares acquired through a dividend reinvestment plan.
F3 On May 1, 2024, 175 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F4 On May 1, 2024, 247 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F5 Shares withheld for tax liability.
F6 These stock options are fully vested and exercisable.
F7 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F8 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 vested on May 1, 2024.
F9 These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vested on May 1, 2024; and 175 vest on May 1, 2025.
F10 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.