Filing Details

Accession Number:
0001415889-24-029013
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-11 18:30:10
Reporting Period:
2024-12-09
Accepted Time:
2024-12-11 18:30:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034054 Sba Communications Corp SBAC Real Estate Investment Trusts (6798) 650716501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1504654 R Mark Ciarfella C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Evp - Operations No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-12-09 3,545 $182.30 37,133 No 4 M Direct
Class A Common Stock Disposition 2024-12-09 3,545 $224.33 33,588 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Options (Right to Buy) Disposition 2024-12-09 3,545 $0.00 3,545 $182.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2026-03-06 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Restricted Stock Units $0.00 611 611 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,831 1,831 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,831 1,831 Direct
Class A Common Stock Restricted Stock Units $0.00 1,430 1,430 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 2,144 2,144 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 2,144 2,144 Direct
Class A Common Stock Restricted Stock units $0.00 4,772 4,772 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 4,771 4,771 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
611 611 Direct
1,831 1,831 Direct
1,831 1,831 Direct
1,430 1,430 Direct
2,144 2,144 Direct
2,144 2,144 Direct
4,772 4,772 Direct
4,771 4,771 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $224.3214 to $224.36 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security hold of the issuer full information regarding the number of shares sold at each separate price.
  2. These stock options are fully vested and exercisable.
  3. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  4. These restricted stock units vest in accordance with the following schedule: 610 on the first and second anniversaries of the grant date and 611 on the third anniversary of the grant date (March 4, 2022).
  5. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  6. The 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.
  7. The 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.
  8. These restricted stock units vest in accordance with the following schedule: 714 vest on the first anniversary of the grant date and 715 vest on the second and third anniversary of the grant date (March 6, 2023).
  9. The 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.
  10. The 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.
  11. These restricted stock units vest in accordance with the following schedule: 1,591 vest on the first and second anniversaries and 1,590 vest on the third anniversary of the grant date (March 6, 2024).
  12. 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.