4//SEC Filing
CANE RICHARD M 4
Accession 0001415889-24-007423
CIK 0001034054other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:30 PM ET
Size
22.5 KB
Accession
0001415889-24-007423
Insider Transaction Report
Form 4
CANE RICHARD M
EVP; PRES. - INTERNATIONAL
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-06+693→ 3,955.544 total - Tax Payment
Class A Common Stock
2024-03-06$216.50/sh−188.645$40,842→ 3,766.899 total - Award
Restricted Stock Units
2024-03-06+4,628→ 4,628 total→ Class A Common Stock (4,628 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-06−693→ 1,388 total→ Class A Common Stock (693 underlying) - Award
Performance Restricted Stock Units
2024-03-06+4,629→ 4,629 total→ Class A Common Stock (4,629 underlying)
Holdings
- 569
Performance Restricted Stock Units
→ Class A Common Stock (569 underlying) - 569
Performance Restricted Stock Units
→ Class A Common Stock (569 underlying) - 190
Restricted Stock Units
→ Class A Common Stock (190 underlying) - 2,081
Performance Restricted Stock Units
→ Class A Common Stock (2,081 underlying) - 2,081
Performance Restricted Stock Units
→ Class A Common Stock (2,081 underlying)
Footnotes (11)
- [F1]Shares withheld for the payment of tax liability.
- [F10]These restricted stock units vest in accordance to the following schedule; 1,543 vest on the first through third anniversaries of the grant date (March 6, 2024).
- [F11]These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. 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 decrease or increase (up to 200%) based on the results of the performance conditions.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]These restricted stock units vest in accordance with the following schedule: 189 vest on the first anniversary of the grant date and 190 vest on each of the second and third anniversaries of the grant date (March 4, 2022).
- [F4]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F5]These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions.
- [F6]These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions.
- [F7]These restricted stock units vest in accordance with the following schedule: 693 vest on the first anniversary of the grant date and 694 vest on each of the second and third anniversaries of the grant date (March 6, 2023).
- [F8]These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions.
- [F9]These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions.
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0001957645
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:30 PM ET
- Size
- 22.5 KB