COCROFT DUNCAN 4

4 · SBA COMMUNICATIONS CORP · Filed May 3, 2022

Form 4

Period: 2022-05-01

Director

Transactions

Exercise/Conversion
Restricted Stock Units
2022-05-01−190→ 190 total
→ Class A Common Stock (190 underlying)
Exercise/Conversion
Restricted Stock Units
2022-05-01−206→ 413 total
→ Class A Common Stock (206 underlying)
Tax Payment
Class A Common Stock
2022-05-01$347.11/sh−214.228$74,361→ 65,743.772 total
Exercise/Conversion
Restricted Stock Units
2022-05-01−183→ 0 total
→ Class A Common Stock (183 underlying)
Exercise/Conversion
Class A Common Stock
2022-05-01+183→ 65,562 total
Exercise/Conversion
Class A Common Stock
2022-05-01+190→ 65,752 total
Exercise/Conversion
Class A Common Stock
2022-05-01+206→ 65,958 total

Holdings

Stock Options (Right to Buy)
Exercise: $212.31Exp: 2026-05-16→ Class A Common Stock (1,501 underlying)
1,501
Stock Options (Right to Buy)
Exercise: $157.51Exp: 2025-05-17→ Class A Common Stock (1,411 underlying)
1,411
Stock Options (Right to Buy)
Exercise: $100.00Exp: 2023-05-13→ Class A Common Stock (2,308 underlying)
2,308
Stock Options (Right to Buy)
Exercise: $132.00Exp: 2024-05-18→ Class A Common Stock (1,977 underlying)
1,977

Footnotes (10)

[F1]On May 1, 2022, 183 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
[F10]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.
[F2]On May 1, 2022, 190 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
[F3]On May 1, 2022, 206 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
[F4]Shares withheld for tax liability.
[F5]These options are exercisable immediately.
[F6]These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022.
[F7]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F8]These restricted stock units vest in accordance with the following schedule: 181 vest on May 1, 2020; 182 vest on May 1, 2021; and 183 vest on May 1, 2022.
[F9]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.

Documents

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