STOOPS JEFFREY 4

Accession 0001415889-25-002414

CIK 0001034054other

View on SEC.gov Company Profile

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 6:30 PM ET

Size

22.9 KB

Accession

0001415889-25-002414

Insider Transaction Report

Form 4

Period: 2025-01-28

SBA COMMUNICATIONS CORPSBAC

STOOPS JEFFREY

DirectorOther

Transactions

Exercise/Conversion
Class A Common Stock
2025-01-28$156.50/sh+137,601$21,534,557→ 231,183.972 total
Exercise/Conversion
Stock Options (Right to Buy)
2025-01-28−137,601→ 0 total
Exercise: $156.50Exp: 2025-03-06→ Class A Common Stock (137,601 underlying)
Tax Payment
Class A Common Stock
2025-01-28$207.94/sh−116,279$24,179,055→ 114,904.972 total

Holdings

Restricted Stock Units
→ Class A Common Stock (2,965 underlying)
2,965
Performance Restricted Stock Units
→ Class A Common Stock (8,894 underlying)
8,894
Restricted Stock Units
→ Class A Common Stock (6,936 underlying)
6,936
Performance Restricted Stock Units
→ Class A Common Stock (8,894 underlying)
8,894
Performance Restricted Stock Units
→ Class A Common Stock (10,404 underlying)
10,404
Class A Common Stock
(indirect: By Partnership)
259,863
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (149,446 underlying)
149,446
Performance Restricted Stock Units
→ Class A Common Stock (10,404 underlying)
10,404
Restricted Stock Units
→ Class A Common Stock (906 underlying)
906

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 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 condition.
[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 condition.
[F12]These restricted stock units vest in accordance with the following schedule: 302 vest on May 1, 2025; 302 vest on May 1, 2026; and 302 vest on May 1, 2027.
[F2]These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.
[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: 2,964 vested on the first anniversary of the grant date and 2,965 vest on each of the second and 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 condition.
[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 condition.
[F9]These restricted stock units vest in accordance with the following schedule: 3,468 vest on the first through third anniversaries of the grant date (March 6, 2023).

Documents

1 file

4
form4-01302025_060101.xmlPrimary

Issuer

SBA COMMUNICATIONS CORP

CIK 0001034054

→

Entity typeother

Related Parties

filerCIK 0001106860

Filing Metadata

Form type: 4
Filed: Jan 29, 7:00 PM ET
Accepted: Jan 30, 6:30 PM ET
Size: 22.9 KB

View on SEC.gov