SBA COMMUNICATIONS CORP — Director's Dealing 2023

Jan 11, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2023-01-01

Reporting Person: CANE RICHARD M (EVP; Pres. - International)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	491.75	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (176)		Direct
Performance Restricted Stock Units	$		Class A Common Stock (527)		Direct
Performance Restricted Stock Units	$		Class A Common Stock (527)		Direct
Restricted Stock Units	$		Class A Common Stock (396)		Direct
Performance Restricted Stock Units	$		Class A Common Stock (593)		Direct
Performance Restricted Stock Units	$		Class A Common Stock (593)		Direct
Restricted Stock Units	$		Class A Common Stock (569)		Direct
Performance Restricted Stock Units	$		Class A Common Stock (569)		Direct
Performance Restricted Stock Units	$		Class A Common Stock (569)		Direct

Footnotes

F1: These restricted stock units vest in accordance with the following schedule: 175 vest on the first anniversary of the grant date and 176 vest on the second and third anniversaries of the grant date (February 25, 2020).

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

F3: These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.

F4: Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

F5: These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.

F6: These restricted stock units vest in accordance with the following schedule: 197 vest on the first anniversary of the grant date and 198 vest on each of the second and third anniversaries of the grant date (March 4, 2021).

F7: These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.

F8: These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.

F9: These restricted stock units vest in accordance with the following schedule: 189 vest on the first anniversary of the grant date and 190 vest on each of the second and third anniversaries of the grant date (March 4, 2022).

F10: These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.

F11: These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.