Duncan Cocroft - 04 Aug 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
04 Aug 2022
Transactions value $
-$396,787
Form type
4
Filing time
05 Aug 2022, 17:02:13
Previous filing
16 May 2022
Next filing
01 Mar 2023
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 Sale -$397K -1.15K -1.75% $344.50 64.6K 04 Aug 2022 Direct F1
transaction SBAC Class A Common Stock Sale -$267 -0.772 0% $346.26 64.6K 04 Aug 2022 Direct F2

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
holding SBAC Stock Options (Right to Buy) 2.31K 04 Aug 2022 Class A Common Stock 2.31K $100.00 Direct F3
holding SBAC Stock Options (Right to Buy) 1.98K 04 Aug 2022 Class A Common Stock 1.98K $132.00 Direct F3
holding SBAC Stock Options (Right to Buy) 1.41K 04 Aug 2022 Class A Common Stock 1.41K $157.51 Direct F3
holding SBAC Stock Options (Right to Buy) 1.5K 04 Aug 2022 Class A Common Stock 1.5K $212.31 Direct F3
holding SBAC Restricted Stock Units 190 04 Aug 2022 Class A Common Stock 190 Direct F4, F5
holding SBAC Restricted Stock Units 413 04 Aug 2022 Class A Common Stock 413 Direct F4, F6
holding SBAC Restricted Stock Units 525 04 Aug 2022 Class A Common Stock 525 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $344.50 to $344.51 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F2 Reflects the sale of fractional shares by the plan administrator.
F3 These options are fully vested and exercisable.
F4 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
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.