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SBA COMMUNICATIONS CORP — Director's Dealing 2025
May 6, 2025
30276_dirs_2025-05-05_4a0244a4-63c9-4621-bbc8-f2d44ef6aff0.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: 2025-05-01
Reporting Person: Johnson Jay LeCoryelle (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-01 | Class A Common Stock | M | 175 | — | Acquired | 560.064 | Direct |
| 2025-05-01 | Class A Common Stock | M | 248 | — | Acquired | 808.0640 | Direct |
| 2025-05-01 | Class A Common Stock | M | 302 | — | Acquired | 1110.0640 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-01 | Restricted Stock Units | $ | M | 175 | Disposed | Class A Common Stock (175) | Direct | |
| 2025-05-01 | Restricted Stock Units | $ | M | 248 | Disposed | Class A Common Stock (248) | Direct | |
| 2025-05-01 | Restricted Stock Units | $ | M | 302 | Disposed | Class A Common Stock (302) | 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, 2025, 175 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2: Includes 7.187 shares acquired through a dividend reinvestment plan.
F3: On May 1, 2025, 248 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F4: On May 1, 2025, 302 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F5: 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).
F6: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F7: These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vested on May 1, 2024; and 175 vested on May 1, 2025.
F8: These restricted stock units vest in accordance with the following schedule: 247 vested on May 1, 2024; 248 vested on May 1, 2025; and 248 vest on May 1, 2026.
F9: These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vest on May 1, 2026; and 302 vest on May 1, 2027.