4//SEC Filing
CANE RICHARD M 4
Accession 0001415889-25-007584
CIK 0001034054other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 6:30 PM ET
Size
24.2 KB
Accession
0001415889-25-007584
Insider Transaction Report
Form 4
CANE RICHARD M
EVP; PRES. - INTERNATIONAL
Transactions
- Award
Restricted Stock Units
2025-03-06+5,760→ 5,760 total→ Class A Common Stock (5,760 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-06+694→ 5,553.252 total - Exercise/Conversion
Restricted Stock Units
2025-03-06−1,542→ 3,086 total→ Class A Common Stock (1,542 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-06+1,542→ 6,822.163 total - Exercise/Conversion
Restricted Stock Units
2025-03-06−694→ 694 total→ Class A Common Stock (694 underlying) - Award
Performance Restricted Stock Units
2025-03-06+5,760→ 5,760 total→ Class A Common Stock (5,760 underlying) - Tax Payment
Class A Common Stock
2025-03-06$220.38/sh−273.089$60,183→ 5,280.163 total - Tax Payment
Class A Common Stock
2025-03-06$220.38/sh−449.531$99,068→ 6,372.632 total
Holdings
- 4,629
Performance Restricted Stock Units
→ Class A Common Stock (4,629 underlying) - 2,081
Performance Restricted Stock Units
→ Class A Common Stock (2,081 underlying) - 2,081
Performance Restricted Stock Units
→ Class A Common Stock (2,081 underlying)
Footnotes (10)
- [F1]Shares withheld for the payment of tax liability.
- [F10]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, 2028. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]These restricted stock units vest in accordance with the following schedule: 693 vest on the first anniversary of the grant date and 694 vest on each of the second and third anniversaries of the grant date (March 6, 2023).
- [F4]Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock.
- [F5]The 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 or decrease based on the results of the performance condition.
- [F6]The 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 or decrease based on the results of the performance condition.
- [F7]These restricted stock units vest in accordance to the following schedule; 1,543 vest on the first through third anniversaries of the grant date (March 6, 2024).
- [F8]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 is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
- [F9]These restricted stock units vest in accordance to the following schedule; 1,920 vest on the first through third anniversaries of the grant date (March 6, 2025).
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0001957645
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 6:30 PM ET
- Size
- 24.2 KB