Earnings Feed
Start Free
Home/Filings/4/0001415889-24-007145
4//SEC Filing

SILBERSTEIN JASON V 4

Accession 0001415889-24-007145

CIK 0001034054other
View on SEC.govCompany Profile

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 8:30 PM ET

Size

32.8 KB

Accession

0001415889-24-007145

Insider Transaction Report

Form 4
Period: 2024-03-04
SBA COMMUNICATIONS CORPSBAC
SILBERSTEIN JASON V
Sr.Vice President-Property Mgt
Transactions
  • Tax Payment

    Class A Common Stock

    2024-03-04$208.29/sh−1,637.387$341,051→ 34,441.333 total
  • Exercise/Conversion

    Performance Restricted Stock Units

    2024-03-04−2,973→ 0 total
    → Class A Common Stock (2,973 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2024-03-04+991→ 30,499.389 total
  • Tax Payment

    Class A Common Stock

    2024-03-04$208.29/sh−366.669$76,373→ 30,132.72 total
  • Exercise/Conversion

    Class A Common Stock

    2024-03-04+5,946→ 36,078.72 total
  • Exercise/Conversion

    Class A Common Stock

    2024-03-04+879→ 35,320.333 total
  • Tax Payment

    Class A Common Stock

    2024-03-04$208.29/sh−325.23$67,742→ 34,995.103 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-04−991→ 0 total
    → Class A Common Stock (991 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-04−879→ 879 total
    → Class A Common Stock (879 underlying)
Holdings

  • Stock Options (Right to Buy)

    Exercise: $115.17Exp: 2024-03-06→ Class A Common Stock (16,465 underlying)
    16,465

  • Stock Options (Right to Buy)

    Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (44,592 underlying)
    44,592

  • Performance Restricted Stock Units

    → Class A Common Stock (2,637 underlying)
    2,637

  • Performance Restricted Stock Units

    → Class A Common Stock (3,104 underlying)
    3,104

  • Stock Options (Right to Buy)

    Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (39,918 underlying)
    39,918

  • Performance Restricted Stock Units

    → Class A Common Stock (2,637 underlying)
    2,637

  • Restricted Stock Units

    → Class A Common Stock (3,104 underlying)
    3,104

  • Performance Restricted Stock Units

    → Class A Common Stock (3,104 underlying)
    3,104
Footnotes (13)
  • [F1]Shares withheld for payment of tax liability.
  • [F10]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 result of the performance condition.
  • [F11]These restricted stock units vest in accordance with the following schedule: 1,034 vest on the first anniversary of the grant date and 1,025 vest on the second and third anniversaries of the grant date (March 6, 2023).
  • [F12]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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 result 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 6, 2026, 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 result of the performance condition.
  • [F2]As previously reported on a Form 4, the Reporting Person was awarded 2,973 performance restricted stock units (PSUs) on March 4, 2021 which were subject to increase or decrease based the results of the performance condition. On March 4, 2024, these PSUs vested at 200% of target based on the results of the performance condition, such that 5,946 shares of Class A Common Stock became issuable to the Reporting Person.
  • [F3]These stock options are fully vested and exercisable.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  • [F5]These restricted stock units vest in accordance with the following schedule: 991 vest on each of the first through third anniversaries of the grant date (March 4, 2021).
  • [F6]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  • [F7]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 result of the performance condition.
  • [F8]These restricted stock units vest in accordance with the following schedule: 879 vest on each of the first through third anniversaries of the grant date (March 4, 2022).
  • [F9]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 result of the performance condition.

Documents

1 file

Issuer

SBA COMMUNICATIONS CORP

CIK 0001034054

→
Entity typeother

Related Parties

1
  • filerCIK 0001284848

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 8:30 PM ET
Size
32.8 KB
View on SEC.gov