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SBA COMMUNICATIONS CORP — Director's Dealing 2022
May 4, 2022
30276_dirs_2022-05-04_9b1390dc-90ef-4152-a78e-5fbf41672252.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: 2022-05-03
Reporting Person: BEEBE KEVIN L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-03 | Class A Common Stock | M | 1899 | $113.55 | Acquired | 16711.6118 | Direct |
| 2022-05-03 | Class A Common Stock | S | 1889 | $347.72 | Disposed | 14812.6118 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-03 | Stock Options (Right to Buy) | $113.55 | M | 1899 | Disposed | 2022-05-21 | Class A Common Stock (1899) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 |
| Restricted Stock Units | $ | Class A Common Stock (190) | 190 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (413) | 413 | Direct |
Footnotes
F1: Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $347.52 to $347.88 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F2: These options are immediately exercisable.
F3: 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.
F4: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5: These restricted stock units vest in accordance with the following schedule: 190 vest on May 1, 2021; 190 vest on May 1, 2022; and 190 vest on May 1, 2023.
F6: These restricted stock units vest in accordance with the following schedule: 206 vest on May 1, 2022; 206 vest on May 1, 2023; and 207 vest on May 1, 2024.