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SBA COMMUNICATIONS CORP — Director's Dealing 2020
May 5, 2020
30276_dirs_2020-05-05_44f58aed-262d-43b9-8fc7-74295740d796.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: 2020-05-01
Reporting Person: COCROFT DUNCAN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-01 | Class A Common Stock | M | 270 | — | Acquired | 69807 | Direct |
| 2020-05-01 | Class A Common Stock | M | 201 | — | Acquired | 70008 | Direct |
| 2020-05-01 | Class A Common Stock | M | 181 | — | Acquired | 70189 | Direct |
| 2020-05-01 | Class A Common Stock | F | 242 | $289.92 | Disposed | 69947 | 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) | $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 |
| 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 exercisable immediately.
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.