Jack Langer - May 23, 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 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 06:18 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBAC Class A Common Stock 7.42K May 23, 2024 Direct
holding SBAC Class A Common Stock 15.2K May 23, 2024 By Trust F1

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 Award $0 +906 $0.00 906 May 23, 2024 Class A Common Stock 906 Direct F3, F6
holding SBAC Stock Options (Right to Buy) 1.41K May 23, 2024 Class A Common Stock 1.41K $157.51 Direct F2
holding SBAC Stock Options (Right to Buy) 1.5K May 23, 2024 Class A Common Stock 1.5K $212.31 Direct F2
holding SBAC Restricted Stock Units 175 May 23, 2024 Class A Common Stock 175 Direct F3, F4
holding SBAC Restricted Stock Units 496 May 23, 2024 Class A Common Stock 496 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These options are fully vested and exercisable.
F3 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F4 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.
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.
F6 These restricted stock units vest in accordance with the following schedule: 302 vest on May 1, 2025; 302 vest on May 1, 2026; and 302 vest on May 1, 2027.