KREDI SAUL 4

Accession 0001415889-25-007295

CIK 0001034054other

View on SEC.gov Company Profile

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 6:30 PM ET

Size

28.6 KB

Accession

0001415889-25-007295

Insider Transaction Report

Form 4

Period: 2025-03-04

SBA COMMUNICATIONS CORPSBAC

KREDI SAUL

VP & Chief Accounting Officer

Transactions

Exercise/Conversion
Class A Common Stock
2025-03-04+130→ 4,891.339 total
Tax Payment
Class A Common Stock
2025-03-04$221.51/sh−48.555$10,755→ 4,842.784 total
Exercise/Conversion
Class A Common Stock
2025-03-04+776→ 5,618.784 total
Tax Payment
Class A Common Stock
2025-03-04$221.51/sh−294.249$65,179→ 5,324.535 total
Exercise/Conversion
Class A Common Stock
2025-03-04+97→ 5,421.535 total
Tax Payment
Class A Common Stock
2025-03-04$221.51/sh−36.229$8,025→ 5,385.306 total
Exercise/Conversion
Restricted Stock Units
2025-03-04−130→ 0 total
→ Class A Common Stock (130 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-03-04−388→ 0 total
→ Class A Common Stock (388 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-03-04−97→ 0 total
→ Class A Common Stock (97 underlying)

Holdings

Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (6,080 underlying)
6,080
Restricted Stock Units
→ Class A Common Stock (293 underlying)
293
Performance Restricted Stock Units
→ Class A Common Stock (439 underlying)
439
Performance Restricted Stock Units
→ Class A Common Stock (439 underlying)
439
Restricted Stock Units
→ Class A Common Stock (1,754 underlying)
1,754

Footnotes (14)

[F1]Includes an aggregate of 0.009 shares acquired pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan.
[F10]These performance restricted stock units have a three-year performance period and to the extent earned vest on March 4, 2025. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.
[F11]These restricted stock units vest in accordance with the following schedule: 146 vest on the first and second anniversaries of the grant date and 147 vest on the third anniversary of the grant date (March 6, 2023).
[F12]These performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.
[F13]These performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.
[F14]These restricted stock units vest in accordance with the following schedule: 584 vest on the first anniversary of the grant date and 585 on the second through third anniversaries of the grant date (March 6, 2024).
[F2]Shares withheld for payment of tax liability.
[F3]These performance restricted stock units (PSUs) were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. These PSUs vested at 200% of target based on the results of the performance condition, such that 776 shares of Class A Common Stock vested.
[F4]These PSUs were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. On March 4, 2025, these PSUs partially vested based on the results of the performance condition and resulted in 97 shares of Class A Common Stock being issued.
[F5]These options are fully vested and immediately exercisable.
[F6]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F7]These restricted stock units vest on March 4, 2025.
[F8]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F9]These performance restricted stock units have a three-year performance period and to the extent earned vest on March 4, 2025. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.

Documents

1 file

4
form4-03062025_060301.xmlPrimary

Issuer

SBA COMMUNICATIONS CORP

CIK 0001034054

→

Entity typeother

Related Parties

filerCIK 0002047753

Filing Metadata

Form type: 4
Filed: Mar 5, 7:00 PM ET
Accepted: Mar 6, 6:30 PM ET
Size: 28.6 KB

View on SEC.gov