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SBA COMMUNICATIONS CORP Director's Dealing 2023

May 31, 2023

30276_dirs_2023-05-30_84ced3ff-cd19-4bfe-8d20-13718a13bbf4.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: 2023-05-25

Reporting Person: Johnson Jay LeCoryelle (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-25 Restricted Stock Units $ A 743 Acquired Class A Common Stock (743) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 110.25 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to Buy) $328.99 2032-03-28 Class A Common Stock (10000) 10000 Direct
Restricted Stock Units $ Class A Common Stock (350) 350 Direct

Footnotes

F1: These options vest in accordance with the following schedule: 2,000 vest on each of the first through fifth anniversaries of the grant date (March 28, 2022).

F2: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

F3: These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.

F4: These restricted stock units vest in accordance with the following schedule: 247 vest on May 1, 2024; 248 vest on May 1, 2025; and 248 vest on May 1, 2026.