HUNT THOMAS P 4
4 · SBA COMMUNICATIONS CORP · Filed Mar 8, 2022
Insider Transaction Report
Form 4
HUNT THOMAS P
Sr. VP/General Counsel
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-04+1,290→ 119,967 total - Exercise/Conversion
Restricted Stock Units
2022-03-06−1,367→ 1,367 total→ Class A Common Stock (1,367 underlying) - Award
Restricted Stock Units
2022-03-04+3,413→ 3,413 total→ Class A Common Stock (3,413 underlying) - Exercise/Conversion
Class A Common Stock
2022-03-06+1,409→ 121,376 total - Exercise/Conversion
Class A Common Stock
2022-03-06+1,367→ 122,743 total - Award
Performance Restricted Stock Units
2022-03-04+3,413→ 3,413 total→ Class A Common Stock (3,413 underlying) - Exercise/Conversion
Restricted Stock Units
2022-03-06−1,409→ 0 total→ Class A Common Stock (1,409 underlying) - Award
Performance Restricted Stock Units
2022-03-04+3,413→ 3,413 total→ Class A Common Stock (3,413 underlying) - Exercise/Conversion
Restricted Stock Units
2022-03-04−1,290→ 2,582 total→ Class A Common Stock (1,290 underlying)
Holdings
- 29,391
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (29,391 underlying) - 1,286
Restricted Stock Units
→ Class A Common Stock (1,286 underlying) - 3,856
Performance Restricted Stock Units
→ Class A Common Stock (3,856 underlying) - 3,872
Performance Restricted Stock Units
→ Class A Common Stock (3,872 underlying) - 13,519
Stock Options (Right to Buy)
Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (13,519 underlying) - 3,856
Performance Restricted Stock Units
→ Class A Common Stock (3,856 underlying) - 3,872
Performance Restricted Stock Units
→ Class A Common Stock (3,872 underlying)
Footnotes (18)
- [F1]On March 4, 2022, 1,290 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- [F10]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F11]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.
- [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 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).
- [F14]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.
- [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 restricted stock units vest in accordance with the following schedule: 1,137 vest on the first anniversary of the grant date and 1,138 vest on each of the second and third anniversaries of the grant date (March 4, 2022).
- [F17]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% 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 or decrease based on the results of the performance condition.
- [F18]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% 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 or decrease based on the results of the performance condition.
- [F2]On March 6, 2022, 1,409 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- [F3]On March 6, 2022, 1,367 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- [F4]These options are immediately exercisable.
- [F5]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F6]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).
- [F7]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).
- [F8]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).
- [F9]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).