COCROFT DUNCAN 4

4 · SBA COMMUNICATIONS CORP · Filed May 3, 2023

Form 4

Period: 2023-05-01

Director

Transactions

Exercise/Conversion
Class A Common Stock
2023-05-01+190→ 65,672 total
Exercise/Conversion
Class A Common Stock
2023-05-01+206→ 65,878 total
Exercise/Conversion
Class A Common Stock
2023-05-01+175→ 66,053 total
Tax Payment
Class A Common Stock
2023-05-01$260.89/sh−211.27$55,118→ 65,841.73 total
Exercise/Conversion
Restricted Stock Units
2023-05-01−190→ 0 total
→ Class A Common Stock (190 underlying)
Exercise/Conversion
Restricted Stock Units
2023-05-01−206→ 207 total
→ Class A Common Stock (206 underlying)
Exercise/Conversion
Restricted Stock Units
2023-05-01−175→ 350 total
→ Class A Common Stock (175 underlying)

Holdings

Stock Options (Right to Buy)
Exercise: $132.00Exp: 2024-05-18→ Class A Common Stock (1,977 underlying)
1,977
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: $212.31Exp: 2026-05-16→ Class A Common Stock (1,501 underlying)
1,501

Footnotes (9)

[F1]On May 1, 2023, 190 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
[F2]On May 1, 2023, 206 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
[F3]On May 1, 2023, 175 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 fully vested and exercisable.
[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: 190 vested on May 1, 2021; 190 vested on May 1, 2022; and 190 vested on May 1, 2023.
[F8]These restricted stock units vest in accordance with the following schedule: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024.
[F9]These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.

Documents

1 file