Saul Kredi - Jan 1, 2025 Form 3 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
VP & Chief Accounting Officer
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Stock symbol
SBAC
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
3
Date filed
1/10/2025, 05:00 PM
Next filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SBAC Class A Common Stock 4.76K Jan 1, 2025 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
holding SBAC Stock Options (Right to Buy) Jan 1, 2025 Class A Common Stock 6.08K $182.30 Direct F1
holding SBAC Restricted Stock Units Jan 1, 2025 Class A Common Stock 130 Direct F2, F3
holding SBAC Performance Restricted Stock Units Jan 1, 2025 Class A Common Stock 388 Direct F4, F5
holding SBAC Performance Restricted Stock Units Jan 1, 2025 Class A Common Stock 388 Direct F5, F6
holding SBAC Restricted Stock Units Jan 1, 2025 Class A Common Stock 293 Direct F3, F7
holding SBAC Performance Restricted Stock Units Jan 1, 2025 Class A Common Stock 439 Direct F5, F8
holding SBAC Performance Restricted Stock Units Jan 1, 2025 Class A Common Stock 439 Direct F5, F9
holding SBAC Restricted Stock Units Jan 1, 2025 Class A Common Stock 1.75K Direct F3, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options are fully vested and immediately exercisable.
F2 These restricted stock units vest on March 4, 2025.
F3 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F4 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 period.
F5 Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
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 period.
F7 These restricted stock units vest in accordance with the following schedule: 146 vest on the first and second anniversaries of the grant date and 147 vest on the third anniversary 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 period.
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 period.
F10 These restricted stock units vest in accordance with the following schedule: 584 vest on the first anniversary of the grant date and 585 on the second through third anniversaries of the grant date (March 6, 2024).