AI assistant
SBA COMMUNICATIONS CORP — Director's Dealing 2022
May 3, 2022
30276_dirs_2022-05-03_9cf1dd56-66f7-4fda-913c-b7273df3e2ea.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2022-05-01
Reporting Person: LANGER JACK (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-01 | Class A Common Stock | M | 183 | — | Acquired | 4855 | Direct |
| 2022-05-01 | Class A Common Stock | M | 190 | — | Acquired | 5045 | Direct |
| 2022-05-01 | Class A Common Stock | M | 206 | — | Acquired | 5251 | Direct |
| 2022-05-01 | Class A Common Stock | F | 214.228 | $347.11 | Disposed | 5036.772 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-01 | Restricted Stock Units | $ | M | 183 | Disposed | Class A Common Stock (183) | Direct | |
| 2022-05-01 | Restricted Stock Units | $ | M | 190 | Disposed | Class A Common Stock (190) | Direct | |
| 2022-05-01 | Restricted Stock Units | $ | M | 206 | Disposed | Class A Common Stock (206) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 19846.3075 | Indirect |
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 |
Footnotes
F1: On May 1, 2022, 183 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2: On May 1, 2022, 190 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F3: On May 1, 2022, 206 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: Includes 33.152 shares acquired through a dividend reinvestment plan.
F6: The securities are held by The Jack Langer 2012 Irrevocable Family Trust for estate planning purposes. The trustee of the trust is the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.
F7: These options are immediately exercisable.
F8: 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.
F9: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F10: 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.
F11: 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.
F12: 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.