George R. Krouse Jr - 19 Nov 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
19 Nov 2021
Transactions value $
-$137,690
Form type
4
Filing time
23 Nov 2021, 17:07:07 UTC
Previous filing
11 Jun 2021
Next filing
11 Feb 2022
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 Gift $0 -33 -0.33% $0.00 10.1K 21 Jun 2021 Direct F1
transaction SBAC Class A Common Stock Gift $0 -30 -0.3% $0.00 10.1K 09 Jul 2021 Direct F1
transaction SBAC Class A Common Stock Options Exercise $212K +1K +9.91% $212.31 11.1K 19 Nov 2021 Direct
transaction SBAC Class A Common Stock Sale -$350K -1K -9.02% $350.00 10.1K 19 Nov 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 -1K -66.62% $0.00 501 19 Nov 2021 Class A Common Stock 1K $212.31 Direct F2
holding SBAC Restricted Stock Units 183 19 Nov 2021 Class A Common Stock 183 Direct F3, F4
holding SBAC Restricted Stock Units 380 19 Nov 2021 Class A Common Stock 380 Direct F3, F5
holding SBAC Restricted Stock Units 619 19 Nov 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 The Reporting Person gifted these shares in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended.
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.