Mary S. Chan - 12 May 2022 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
12 May 2022
Net transactions value
$0
Form type
4
Filing time
16 May 2022, 18:03:06 UTC
Previous filing
10 May 2022
Next filing
03 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBAC Class A Common Stock 4,008 12 May 2022 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 +525 $0.000000 525 12 May 2022 Class A Common Stock 525 Direct F3, F7
holding SBAC Stock Options (Right to Buy) 1,977 12 May 2022 Class A Common Stock 1,977 $132.00 Direct F1
holding SBAC Stock Options (Right to Buy) 1,411 12 May 2022 Class A Common Stock 1,411 $157.51 Direct F1
holding SBAC Stock Options (Right to Buy) 1,501 12 May 2022 Class A Common Stock 1,501 $212.31 Direct F2
holding SBAC Restricted Stock Units 183 12 May 2022 Class A Common Stock 183 Direct F3, F4
holding SBAC Restricted Stock Units 190 12 May 2022 Class A Common Stock 190 Direct F3, F5
holding SBAC Restricted Stock Units 413 12 May 2022 Class A Common Stock 413 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.
F7 These restricted stock units vest in accordance with the following schedule: 175 vest on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.