BERNSTEIN STEVEN E 4
4 · SBA COMMUNICATIONS CORP · Filed May 20, 2025
Insider Transaction Report
Form 4
BERNSTEIN STEVEN E
DirectorOther
Transactions
- Tax Payment
Class A Common Stock
2025-05-19$233.08/sh−1,123$261,749→ 6,253.696 total - Exercise/Conversion
Class A Common Stock
2025-05-17$157.51/sh+1,411$222,247→ 7,376.696 total - Exercise/Conversion
Stock Options (Right to Buy)
2025-05-17−1,411→ 0 totalExercise: $157.51Exp: 2025-05-17→ Class A Common Stock (1,411 underlying)
Holdings
- 56,314(indirect: See Footnote)
Class A Common Stock
- 248
Restricted Share Units
→ Class A Common Stock (248 underlying) - 604
Restricted Stock Units
→ Class A Common Stock (604 underlying) - 1,501
Stock Options (Right to Buy)
Exercise: $212.31Exp: 2026-05-16→ Class A Common Stock (1,501 underlying)
Footnotes (6)
- [F1]Shares withheld to cover the exercise price and for payment of tax liability.
- [F2]These shares are held by the Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
- [F3]These options are fully vested and immediately 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: 247 vested on May 1, 2024; 248 vested on May 1, 2025; and 248 vest on May 1, 2026.
- [F6]These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vest on May 1, 2026; and 302 vest on May 1 2027.