4//SEC Filing
SILBERSTEIN JASON V 4
Accession 0001415889-24-007433
CIK 0001034054other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:31 PM ET
Size
30.4 KB
Accession
0001415889-24-007433
Insider Transaction Report
Form 4
SILBERSTEIN JASON V
Sr.Vice President-Property Mgt
Transactions
- Tax Payment
Class A Common Stock
2024-03-06$216.50/sh−382.58$82,829→ 43,445.523 total - Exercise/Conversion
Stock Options (Right to Buy)
2024-03-06−16,465→ 0 totalExercise: $115.17Exp: 2024-03-06→ Class A Common Stock (16,465 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-06−1,034→ 2,070 total→ Class A Common Stock (1,034 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-06$115.17/sh+16,465$1,896,274→ 51,460.103 total - Award
Restricted Stock Units
2024-03-06+5,993→ 5,933 total→ Class A Common Stock (5,993 underlying) - Award
Performance Restricted Stock Units
2024-03-06+5,994→ 5,994 total→ Class A Common Stock (5,994 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-06+1,034→ 43,828.103 total - Tax Payment
Class A Common Stock
2024-03-06$216.50/sh−8,666$1,876,189→ 42,794.103 total
Holdings
- 39,918
Stock Options (Right to Buy)
Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (39,918 underlying) - 879
Restricted Stock Units
→ Class A Common Stock (879 underlying) - 2,637
Performance Restricted Stock Units
→ Class A Common Stock (2,637 underlying) - 2,637
Performance Restricted Stock Units
→ Class A Common Stock (2,637 underlying) - 44,592
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (44,592 underlying) - 3,104
Performance Restricted Stock Units
→ Class A Common Stock (3,104 underlying) - 3,104
Performance Restricted Stock Units
→ Class A Common Stock (3,104 underlying)
Footnotes (13)
- [F1]Shares withheld for payment of tax liability and exercise price.
- [F10]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.
- [F11]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.
- [F12]These restricted stock units vest in accordance with the following schedule: 1,997 vest on the first anniversary and 1,998 on the second and third anniversaries of the grant date (March 6, 2024).
- [F13]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]Shares withheld for payment of tax liability.
- [F3]These 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: 879 vest on each of the first through third anniversaries of the grant date (March 4, 2022).
- [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 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.
- [F8]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.
- [F9]These restricted stock units vest in accordance with the following schedule: 1,034 vest on the first anniversary of the grant date and 1,035 vest on the second and third anniversaries of the grant date (March 6, 2023).
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0001284848
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:31 PM ET
- Size
- 30.4 KB