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SBA COMMUNICATIONS CORP Director's Dealing 2018

Aug 17, 2018

30276_dirs_2018-08-17_69ef0d02-ff19-42d8-8900-50053fa33bd5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2018-08-15

Reporting Person: CARR BRIAN C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-15 Class A Common Stock S 800 $155.00 Disposed 3070 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $113.55 2022-05-21 Class A Common Stock (1899) 1899 Direct
Stock Options (Right to Buy) $100.00 2023-05-13 Class A Common Stock (2308) 2308 Direct
Restricted Stock Units $ Class A Common Stock (303) 303 Direct
Stock Options (Right to Buy) $132.00 2024-05-18 Class A Common Stock (1977) 1977 Direct
Restricted Stock Units $ Class A Common Stock (539) 539 Direct
Stock Options (Right to Buy) $157.51 2025-05-17 Class A Common Stock (1411) 1411 Direct
Restricted Stock Units $ Class A Common Stock (602) 602 Direct

Footnotes

F1: These options are immediately exercisable.

F2: These options vest in accordance with the following schedule: 769 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 769 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 770 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.

F3: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

F4: These restricted stock units vest in accordance with the following schedule: 302 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 302 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 303 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.

F5: These options vest in accordance with the following schedule: 658 vest on May 1, 2018; 659 vest on May 1, 2019; and 660 vest on May 1, 2020.

F6: These restricted stock units vest in accordance with the following schedule: 268 vest on May 1, 2018; 269 vest on May 1, 2019; and 270 vest on May 1, 2020.

F7: These options vest in accordance with the following schedule: 470 vest on May 1, 2019; 470 vest on May 1, 2020; and 471 vest on May 1, 2021.

F8: These restricted stock units vest in accordance with the following schedule: 200 vest on May 1, 2019; 201 vest on May 1, 2020; and 201 vest on May 1, 2021.