HUNT THOMAS P 4

Accession 0001209191-21-070079

CIK 0001034054other

View on SEC.gov Company Profile

Filed

Dec 15, 7:00 PM ET

Accepted

Dec 16, 7:14 PM ET

Size

40.5 KB

Accession

0001209191-21-070079

Insider Transaction Report

Form 4

Period: 2021-12-14

SBA COMMUNICATIONS CORPSBAC

HUNT THOMAS P

Sr. VP/General Counsel

Transactions

Exercise/Conversion
Class A Common Stock
2021-12-14$182.30/sh+28,842$5,257,897→ 166,480 total
Exercise/Conversion
Class A Common Stock
2021-12-14$124.59/sh+63,633$7,928,035→ 69,098 total
Exercise/Conversion
Class A Common Stock
2021-12-14$115.17/sh+68,540$7,893,752→ 137,638 total
Exercise/Conversion
Class A Common Stock
2021-12-14$96.58/sh+80,832$7,806,755→ 247,312 total
Sale
Class A Common Stock
2021-12-15$365.52/sh−678$247,823→ 117,901 total
Exercise/Conversion
Stock Options (Right to Buy)
2021-12-14−63,633→ 0 total
Exercise: $124.59Exp: 2022-03-05→ Class A Common Stock (63,633 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2021-12-14−40,555→ 13,519 total
Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (40,555 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2021-12-14−28,842→ 29,391 total
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (28,842 underlying)
Tax Payment
Class A Common Stock
2021-12-14$365.02/sh−169,288$61,793,506→ 118,579 total
Exercise/Conversion
Class A Common Stock
2021-12-14$156.50/sh+40,555$6,346,858→ 287,867 total
Sale
Class A Common Stock
2021-12-15$366.60/sh−409$149,939→ 117,492 total
Exercise/Conversion
Stock Options (Right to Buy)
2021-12-14−80,832→ 0 total
Exercise: $96.58Exp: 2023-03-04→ Class A Common Stock (80,832 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2021-12-14−68,540→ 0 total
Exercise: $115.17Exp: 2024-03-06→ Class A Common Stock (68,540 underlying)

Holdings

Restricted Stock Units
→ Class A Common Stock (2,734 underlying)
2,734
Performance Restricted Stock Units
→ Class A Common Stock (3,856 underlying)
3,856
Restricted Stock Units
→ Class A Common Stock (1,409 underlying)
1,409
Performance Restricted Stock Units
→ Class A Common Stock (3,856 underlying)
3,856
Restricted Stock Units
→ Class A Common Stock (3,872 underlying)
3,872
Performance Restricted Stock Units
→ Class A Common Stock (3,872 underlying)
3,872
Performance Restricted Stock Units
→ Class A Common Stock (3,872 underlying)
3,872
Restricted Stock Units
→ Class A Common Stock (2,571 underlying)
2,571

Footnotes (16)

[F1]Shares withheld for payment of tax liability and option exercise price.
[F10]These restricted stock units vest in accordance with the following schedule: 1,285 vest on the first and second anniversaries of the grant date and 1,286 vest on the third anniversary of the grant date (February 25, 2020).
[F11]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F12]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, 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 or decrease based on the results of the performance condition.
[F13]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, 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 or decrease based on the results of the performance condition.
[F14]These restricted stock units vest in accordance with the following schedule: 1,290 vest on the first anniversary of the grant date and 1,291 vest on each of the second and third anniversaries of the grant date (March 4, 2021).
[F15]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, 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 or decrease based on the results of the performance condition.
[F16]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, 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 or decrease based on the results of the performance condition.
[F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $365.06 to $365.94 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.
[F3]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $366.30 to $367.06 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.
[F4]These options are immediately exercisable.
[F5]These options vest in accordance with the following schedule: 13,518 vest on each of the first and the third anniversaries of the grant date, and 13,519 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018).
[F6]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F7]These restricted stock units vest in accordance with the following schedule: 1,409 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018).
[F8]These options vest in accordance with the following schedule: 14,695 vest on each of the first through third anniversaries of the grant date and 14,696 vest on the fourth anniversary of the grant date (March 6, 2019).
[F9]These restricted stock units vest in accordance with the following schedule: 1,366 vest on the first anniversary of the grant date and 1,367 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

SBA COMMUNICATIONS CORP

CIK 0001034054

→

Entity typeother

Related Parties

filerCIK 0001233318

Filing Metadata

Form type: 4
Filed: Dec 15, 7:00 PM ET
Accepted: Dec 16, 7:14 PM ET
Size: 40.5 KB

View on SEC.gov