4//SEC Filing
BAGWELL KURT L 4
Accession 0001209191-22-018223
CIK 0001034054other
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 5:17 PM ET
Size
25.3 KB
Accession
0001209191-22-018223
Insider Transaction Report
Form 4
BAGWELL KURT L
Chief Operating Officer
Transactions
- Sale
Class A Common Stock
2022-03-09$330.00/sh−3,757.382$1,239,936→ 29,529 total
Holdings
- 15,530(indirect: By LLC)
Class A Common Stock
- 13,519
Stock Options (Right to Buy)
Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (13,519 underlying) - 3,413
Performance Restricted Stock Units
→ Class A Common Stock (3,413 underlying) - 30,487
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (30,487 underlying) - 1,367
Restricted Stock Units
→ Class A Common Stock (1,367 underlying) - 3,856
Performance Restricted Stock Units
→ Class A Common Stock (3,856 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) - 3,413
Restricted Stock Units
→ Class A Common Stock (3,413 underlying) - 2,582
Restricted Stock Units
→ Class A Common Stock (2,582 underlying) - 3,872
Performance Restricted Stock Units
→ Class A Common Stock (3,872 underlying) - 3,413
Performance Restricted Stock Units
→ Class A Common Stock (3,413 underlying) - 26(indirect: By Trust)
Class A Common Stock
- 1,286
Restricted Stock Units
→ Class A Common Stock (1,286 underlying)
Footnotes (16)
- [F1]These shares are held by a limited liability company of which the Reporting Person is the sole manager and whose revocable trust is the sole member.
- [F10]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.
- [F11]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).
- [F12]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.
- [F13]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.
- [F14]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).
- [F15]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.
- [F16]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]The trust is for the benefit of one of the Reporting Person's children.
- [F3]These options are immediately exercisable.
- [F4]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).
- [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: 1,366 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).
- [F7]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).
- [F8]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F9]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.
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0001175022
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 7:00 PM ET
- Accepted
- Mar 11, 5:17 PM ET
- Size
- 25.3 KB