Home/Filings/4/0001415889-24-007433
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
Period: 2024-03-06
SILBERSTEIN JASON V
Sr.Vice President-Property Mgt
Transactions
  • Tax Payment

    Class A Common Stock

    2024-03-06$216.50/sh382.58$82,82943,445.523 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2024-03-0616,4650 total
    Exercise: $115.17Exp: 2024-03-06Class A Common Stock (16,465 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-061,0342,070 total
    Class A Common Stock (1,034 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2024-03-06$115.17/sh+16,465$1,896,27451,460.103 total
  • Award

    Restricted Stock Units

    2024-03-06+5,9935,933 total
    Class A Common Stock (5,993 underlying)
  • Award

    Performance Restricted Stock Units

    2024-03-06+5,9945,994 total
    Class A Common Stock (5,994 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2024-03-06+1,03443,828.103 total
  • Tax Payment

    Class A Common Stock

    2024-03-06$216.50/sh8,666$1,876,18942,794.103 total
Holdings
  • Stock Options (Right to Buy)

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

    Class A Common Stock (879 underlying)
    879
  • Performance Restricted Stock Units

    Class A Common Stock (2,637 underlying)
    2,637
  • Performance Restricted Stock Units

    Class A Common Stock (2,637 underlying)
    2,637
  • Stock Options (Right to Buy)

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

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