KEVIN L. BEEBE - 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
$0
Form type
4
Filing time
03 May 2024, 18:15:42 UTC
Previous filing
15 Nov 2023
Next filing
07 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 +207 +1.6% 13,520 01 May 2024 Direct F1
transaction SBAC Class A Common Stock Options Exercise +175 +1.3% 13,695 01 May 2024 Direct F2
transaction SBAC Class A Common Stock Options Exercise +247 +1.8% 13,942 01 May 2024 Direct 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
transaction SBAC Restricted Stock Units Options Exercise -207 -100% 0 01 May 2024 Class A Common Stock 207 Direct F1, F5, F6
transaction SBAC Restricted Stock Units Options Exercise -175 -50% 175 01 May 2024 Class A Common Stock 175 Direct F2, F5, F7
transaction SBAC Restricted Stock Units Options Exercise -247 -33% 496 01 May 2024 Class A Common Stock 247 Direct F3, F5, F8
holding SBAC Stock Options (Right to Buy) 1,977 01 May 2024 Class A Common Stock 1,977 $132.00 Direct F4
holding SBAC Stock Options (Right to Buy) 1,411 01 May 2024 Class A Common Stock 1,411 $157.51 Direct F4
holding SBAC Stock Options (Right to Buy) 1,501 01 May 2024 Class A Common Stock 1,501 $212.31 Direct F4
* 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 On May 1, 2024, 175 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F3 On May 1, 2024, 247 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F4 These stock 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 vested on May 1, 2024.
F7 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.
F8 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.