Donald Day - Aug 1, 2024 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
EVP - SITE LEASING
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Stock symbol
SBAC
Transactions as of
Aug 1, 2024
Transactions value $
$0
Form type
4
Date filed
8/7/2024, 06:32 PM
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBAC Class A Common Stock 5K Aug 1, 2024 Direct

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 +1.37K $0.00 1.37K Aug 1, 2024 Class A Common Stock 1.37K Direct F2, F12
holding SBAC Stock Options (Right to Buy) 3.82K Aug 1, 2024 Class A Common Stock 3.82K $156.50 Direct F1
holding SBAC Stock Options (Right to Buy) 5.74K Aug 1, 2024 Class A Common Stock 5.74K $182.30 Direct F1
holding SBAC Restricted Stock Units 233 Aug 1, 2024 Class A Common Stock 233 Direct F2, F3
holding SBAC Performance Restricted Stock Units 698 Aug 1, 2024 Class A Common Stock 698 Direct F4, F5
holding SBAC Performance Restricted Stock Units 698 Aug 1, 2024 Class A Common Stock 698 Direct F4, F6
holding SBAC Restricted Stock Units 540 Aug 1, 2024 Class A Common Stock 540 Direct F2, F7
holding SBAC Performance Restricted Stock Units 809 Aug 1, 2024 Class A Common Stock 809 Direct F4, F8
holding SBAC Performance Restricted Stock Units 809 Aug 1, 2024 Class A Common Stock 809 Direct F4, F9
holding SBAC Restricted Stock Units 1.67K Aug 1, 2024 Class A Common Stock 1.67K Direct F2, F10
holding SBAC Performance Restricted Stock Units 1.67K Aug 1, 2024 Class A Common Stock 1.67K Direct F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options are fully vested and exercisable.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 These restricted stock units vest in accordance with the following schedule: 232 vested on the first anniversary of the grant date and 233 vested on the second anniversary and 233 vests on the third anniversary of the grant date (March 4, 2022).
F4 Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5 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 conditions.
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 conditions.
F7 These restricted stock units vest in accordance with the following schedule: 269 vested on the first anniversary of the grant date and 270 vest on the second and third anniversaries of the grant date (March 6, 2023).
F8 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 conditions.
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 conditions.
F10 These restricted stock units vest in accordance with the following schedule: 555 vest on the first through third anniversaries of the grant date (March 6, 2024).
F11 These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. 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 decrease or increase (up to 200%) based on the results of the performance conditions.
F12 These restricted stock units vest in accordance with the following schedule: 456 vest on the first anniversary of the grant date and 457 vest on the second and third anniversaries of the grant date (August 1, 2024).