AI assistant
SBA COMMUNICATIONS CORP — Director's Dealing 2023
May 3, 2023
30276_dirs_2023-05-03_7da72db0-3ab4-4460-99d5-838d1c13e91e.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: 2023-05-01
Reporting Person: BEEBE KEVIN L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-01 | Class A Common Stock | M | 190 | — | Acquired | 15932.119 | Direct |
| 2023-05-01 | Class A Common Stock | M | 206 | — | Acquired | 16138.119 | Direct |
| 2023-05-01 | Class A Common Stock | M | 175 | — | Acquired | 16313.119 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-01 | Restricted Stock Units | $ | M | 190 | Disposed | Class A Common Stock (190) | Direct | |
| 2023-05-01 | Restricted Stock Units | $ | M | 206 | Disposed | Class A Common Stock (206) | Direct | |
| 2023-05-01 | Restricted Stock Units | $ | M | 175 | Disposed | Class A Common Stock (175) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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, 2023, 190 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2: On May 1, 2023, 206 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F3: On May 1, 2023, 175 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F4: These options are fully vested and exercisable.
F5: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F6: These restricted stock units vest in accordance with the following schedule: 190 vested on May 1, 2021; 190 vested on May 1, 2022; and 190 vested on May 1, 2023.
F7: These restricted stock units vest in accordance with the following schedule: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024.
F8: 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.