George R. Krouse Jr - 10 Jun 2021 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Thomas P. Hunt, Attorney-in-Fact
Issuer symbol
SBAC
Transactions as of
10 Jun 2021
Net transactions value
-$75,972
Form type
4
Filing time
11 Jun 2021, 17:51:00 UTC
Previous filing
17 May 2021
Next filing
23 Nov 2021
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 $74,187 +471 +4.6% $157.51 10,624 10 Jun 2021 Direct
transaction SBAC Class A Common Stock Sale $150,160 -471 -4.4% $318.81 10,153 10 Jun 2021 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 Stock Options (Right to Buy) Options Exercise $0 -471 -100% $0.000000* 0 10 Jun 2021 Class A Common Stock 471 $157.51 Direct F1
holding SBAC Stock Options (Right to Buy) 1,501 10 Jun 2021 Class A Common Stock 1,501 $212.31 Direct F2
holding SBAC Restricted Stock Units 183 10 Jun 2021 Class A Common Stock 183 Direct F3, F4
holding SBAC Restricted Stock Units 380 10 Jun 2021 Class A Common Stock 380 Direct F3, F5
holding SBAC Restricted Stock Units 619 10 Jun 2021 Class A Common Stock 619 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options are immediately exercisable.
F2 These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022.
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: 181 vest on May 1, 2020; 182 vest on May 1, 2021; and 183 vest on May 1, 2022.
F5 These restricted stock units vest in accordance with the following schedule: 190 vest on May 1, 2021; 190 vest on May 1, 2022; and 190 vest on May 1, 2023.
F6 These restricted stock units vest in accordance with the following schedule: 206 vest on May 1, 2022; 206 vest on May 1, 2023; and 207 vest on May 1, 2024.