Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SBA COMMUNICATIONS CORP Director's Dealing 2020

May 5, 2020

30276_dirs_2020-05-05_548e70c9-e4ca-455c-ab97-a2014b9402f5.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2020-05-01

Reporting Person: Krouse George R Jr (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-01 Class A Common Stock M 270 Acquired 10270 Direct
2020-05-01 Class A Common Stock M 201 Acquired 10471 Direct
2020-05-01 Class A Common Stock M 181 Acquired 10652 Direct
2020-05-01 Class A Common Stock F 230 $289.92 Disposed 10422 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-01 Restricted Stock Units $ M 270 Disposed Class A Common Stock (270) Direct
2020-05-01 Restricted Stock Units $ M 201 Disposed Class A Common Stock (201) Direct
2020-05-01 Restricted Stock Units $ M 181 Disposed Class A Common Stock (181) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $132.00 2024-05-18 Class A Common Stock (660) 660 Direct
Stock Options (Right to Buy) $157.51 2025-05-17 Class A Common Stock (1411) 1411 Direct
Stock Options (Right to Buy) $212.31 2026-05-16 Class A Common Stock (1501) 1501 Direct

Footnotes

F1: On May 1, 2020, 270 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.

F2: On May 1, 2020, 201 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.

F3: On May 1, 2020, 181 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.

F4: Shares withheld for tax liability.

F5: These options are immediately exercisable.

F6: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

F7: 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.

F8: 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.

F9: 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.

F10: 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.

F11: 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.