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SBA COMMUNICATIONS CORP — Director's Dealing 2023
May 3, 2023
30276_dirs_2023-05-03_a499d1c6-218b-4da8-a563-6f08e9f31ef3.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: 2023-05-01
Reporting Person: Johnson Jay LeCoryelle (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-01 | Class A Common Stock | M | 175 | — | Acquired | 175 | Direct |
| 2023-05-01 | Class A Common Stock | F | 64.75 | $260.89 | Disposed | 110.25 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-01 | Restricted Stock Units | $ | A | 175 | Disposed | Class A Common Stock (175) | 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 |
Footnotes
F1: On May 1, 2023, 175 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2: Shares withheld for tax liability.
F3: 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).
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: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.