Jeffrey Stoops - 23 May 2024 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role: Director, CHAIRMAN
Signature: /s/ Joshua Koenig, Attorney-in-Fact
Issuer symbol: SBAC
Transactions as of: 23 May 2024
Net transactions value: $0
Form type: 4
Filing time: 28 May 2024, 18:22:56 UTC
Previous filing: 08 Mar 2024
Next filing: 02 Aug 2024
SEC: View on sec.gov

Key filing fact

Jeffrey Stoops filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 28 May 2024.

Key facts

This page summarizes Jeffrey Stoops's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
1 reported transaction and 9 derivative rows are listed below.
Filing timestamp: 28 May 2024, 18:22.

Change

Previous filing in this sequence was filed on 08 Mar 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

SBAC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 159,348
Date: 23 May 2024
Ownership: Direct

SBAC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 259,863
Date: 23 May 2024
Ownership: By Limited Partnership
Footnotes: F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

SBAC transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +906
Change %
Price: $0.000000
Shares after: 906
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 906
Exercise price
Footnotes: F3, F11

SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 137,601
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 137,601
Exercise price: $156.50
Footnotes: F2

SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 149,446
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 149,446
Exercise price: $182.30
Footnotes: F2

SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,965
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,965
Exercise price
Footnotes: F3, F4

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,894
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 8,894
Exercise price
Footnotes: F5, F6

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,894
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 8,894
Exercise price
Footnotes: F5, F7

SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,936
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 6,936
Exercise price
Footnotes: F3, F8

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,404
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,404
Exercise price
Footnotes: F6, F9

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,404
Date: 23 May 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,404
Exercise price
Footnotes: F6, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
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: 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).
F5	Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F6	These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance condition.
F7	These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance condition.
F8	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).
F9	These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance condition.
F10	These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance condition.
F11	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.