KOENIG JOSHUA 4

Accession 0001415889-25-002066

CIK 0001034054other

View on SEC.gov Company Profile

Filed

Jan 23, 7:00 PM ET

Accepted

Jan 24, 6:30 PM ET

Size

23.6 KB

Accession

0001415889-25-002066

Insider Transaction Report

Form 4

Period: 2025-01-22

SBA COMMUNICATIONS CORPSBAC

KOENIG JOSHUA

EXECUTIVE VP/GENERAL COUNSEL

Transactions

Exercise/Conversion
Stock Options (Right to Buy)
2025-01-22−2,724→ 0 total
Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (2,724 underlying)
Tax Payment
Class A Common Stock
2025-01-22$204.36/sh−2,305$471,050→ 6,078.254 total
Exercise/Conversion
Class A Common Stock
2025-01-22$156.50/sh+2,724$426,306→ 8,383.254 total

Holdings

Restricted Stock Units
→ Class A Common Stock (216 underlying)
216
Performance Restricted Stock Units
→ Class A Common Stock (646 underlying)
646
Restricted Stock Units
→ Class A Common Stock (1,310 underlying)
1,310
Performance Restricted Stock Units
→ Class A Common Stock (1,965 underlying)
1,965
Performance Restricted Stock Units
→ Class A Common Stock (646 underlying)
646
Performance Restricted Stock Units
→ Class A Common Stock (1,965 underlying)
1,965
Performance Restricted Stock Units
→ Class A Common Stock (4,440 underlying)
4,440
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (9,121 underlying)
9,121
Restricted Stock Units
→ Class A Common Stock (4,440 underlying)
4,440

Footnotes (12)

[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 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 results of the performance condition.
[F11]These restricted stock units vest in accordance with the following schedule: 1,480 vest on the first through third anniversaries of the grant date (March 6, 2024).
[F12]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]These options are fully vested and immediately exercisable.
[F3]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F4]These restricted stock units vest in accordance with the following schedule: 215 vest on the first and second anniversaries of the grant date and 216 vest on the third anniversary of the grant date (March 4, 2022).
[F5]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F6]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 results of the performance condition.
[F7]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 results of the performance condition.
[F8]These restricted stock units vest in accordance with the following schedule: 655 vest on the first through third anniversaries of the grant date (March 6, 2023).
[F9]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 results of the performance condition.

Documents

1 file

4
form4-01242025_060104.xmlPrimary

Issuer

SBA COMMUNICATIONS CORP

CIK 0001034054

→

Entity typeother

Related Parties

filerCIK 0001957644

Filing Metadata

Form type: 4
Filed: Jan 23, 7:00 PM ET
Accepted: Jan 24, 6:30 PM ET
Size: 23.6 KB

View on SEC.gov