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SBA COMMUNICATIONS CORP Director's Dealing 2020

May 12, 2020

30276_dirs_2020-05-12_80baabf8-4ae8-4eac-9b61-e12a0962c280.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: 2020-05-08

Reporting Person: COCROFT DUNCAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-08 Class A Common Stock S 410 $291.00 Disposed 69537 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $96.80 2021-05-08 Class A Common Stock (2202) 2202 Direct
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
Stock Options (Right to Buy) $132.00 2024-05-18 Class A Common Stock (1977) 1977 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 (201) 201 Direct
Stock Options (Right to Buy) $212.31 2026-05-16 Class A Common Stock (1501) 1501 Direct
Restricted Stock Units $ Class A Common Stock (365) 365 Direct

Footnotes

F1: These options are exercisable immediately.

F2: 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.

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: 200 vest on May 1, 2019; 201 vest on May 1, 2020; and 201 vest on May 1, 2021.

F5: These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022.

F6: These restricted stock units vest in accordance with the following schedule: 181 vest on May 1, 2020; 182 vest on May 1, 2021; and 183 vest on May 1, 2022.