0001209191-21-015430.txt : 20210301
0001209191-21-015430.hdr.sgml : 20210301
20210301190414
ACCESSION NUMBER: 0001209191-21-015430
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210225
FILED AS OF DATE: 20210301
DATE AS OF CHANGE: 20210301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SILBERSTEIN JASON V
CENTRAL INDEX KEY: 0001284848
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 21700425
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP
CENTRAL INDEX KEY: 0001034054
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 650716501
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8051 CONGRESS AVENUE
CITY: BOCA RATON
STATE: FL
ZIP: 33487
BUSINESS PHONE: 5612269345
MAIL ADDRESS:
STREET 1: 8051 CONGRESS AVENUE
CITY: BOCA RATON
STATE: FL
ZIP: 33487
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-02-25
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001284848
SILBERSTEIN JASON V
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
0
1
0
0
EVP - Site Leasing
Class A Common Stock
2021-02-25
4
M
0
977
A
12902
D
Class A Common Stock
2021-02-25
4
F
0
238
250.51
D
12664
D
Stock Options (Right to Buy)
96.58
2023-03-04
Class A Common Stock
1035
1035
D
Stock Options (Right to Buy)
115.17
2024-03-06
Class A Common Stock
50262
50262
D
Restricted Stock Units
Class A Common Stock
1290
1290
D
Stock Options (Right to Buy)
156.50
2025-03-06
Class A Common Stock
40556
40556
D
Restricted Stock Units
Class A Common Stock
2114
2114
D
Stock Options (Right to Buy)
182.30
2026-03-06
Class A Common Stock
44592
44592
D
Restricted Stock Units
Class A Common Stock
3111
3111
D
Restricted Stock Units
2021-02-25
4
M
0
977
D
Class A Common Stock
977
1954
D
Performance Restricted Stock Units
Class A Common Stock
2931
2931
D
Performance Restricted Stock Units
Class A Common Stock
2931
2931
D
On February 25, 2021, 977 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Shares withheld for payment of tax liability.
These options are immediately exercisable.
These options vest in accordance with the following schedule: 12,565 vest on each of the first and the second anniversary of the grant date and 12,566 vest on each of the third and the fourth anniversary of the grant date (March 6, 2017).
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
These restricted stock units vest in accordance with the following schedule: 1,289 vest on the first anniversary of the grant date and 1,290 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
These options vest in accordance with the following schedule: 10,139 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018).
These restricted stock units vest in accordance with the following schedule: 1,056 vest on the first anniversary of the grant date and 1,057 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018).
These options vest in accordance with the following schedule: 11,148 vest on each of the first through fourth anniversaries of the grant date (March 6, 2019).
These restricted stock units vest in accordance with the following schedule: 1,036 vest on first anniversary of the grant date and 1,037 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).
These restricted stock units vest in accordance with the following schedule: 977 vest on each of the first through third anniversaries of the grant date (February 25, 2020).
Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
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.
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.
/s/ Thomas P. Hunt, Attorney-in-Fact
2021-03-01