Filing Details

Accession Number:
0001415889-24-030106
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-23 19:30:04
Reporting Period:
2024-12-20
Accepted Time:
2024-12-23 19:30:04
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
2031697 Donald Day C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Evp - Site Leasing 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 2024-12-20 2,321 $156.50 7,319 No 4 M Direct
Class A Common Stock Disposition 2024-12-20 2,321 $203.43 4,998 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 2024-12-20 2,321 $0.00 2,321 $156.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-03-06 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 Stock Options (Right to Buy) $182.30 2026-03-06 5,739 5,739 Direct
Class A Common Stock Restricted Stock Units $0.00 233 233 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 698 698 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 698 698 Direct
Class A Common Stock Restricted Stock Units $0.00 540 540 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 809 809 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 809 809 Direct
Class A Common Stock Restricted Stock Units $0.00 1,665 1,665 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,665 1,665 Direct
Class A Common Stock Restricted Stock Units $0.00 1,370 1,370 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-06 5,739 5,739 Direct
233 233 Direct
698 698 Direct
698 698 Direct
540 540 Direct
809 809 Direct
809 809 Direct
1,665 1,665 Direct
1,665 1,665 Direct
1,370 1,370 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $203.147 to $203.50 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or the security holder 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: 232 vested on the first anniversary of the grant date and 233 vested on the second anniversary and 233 vests 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. 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 conditions.
  7. 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 conditions.
  8. These restricted stock units vest in accordance with the following schedule: 269 vested on the first anniversary of the grant date and 270 vest on the second and third anniversaries of the grant date (March 6, 2023).
  9. 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 conditions.
  10. 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 conditions.
  11. These restricted stock units vest in accordance with the following schedule: 555 vest on the first through third anniversaries 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.
  13. These restricted stock units vest in accordance with the following schedule: 456 vest on the first anniversary of the grant date and 457 vest on the second and third anniversaries of the grant date (August 1, 2024).