0001209191-21-019184.txt : 20210309 0001209191-21-019184.hdr.sgml : 20210309 20210309175625 ACCESSION NUMBER: 0001209191-21-019184 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210306 FILED AS OF DATE: 20210309 DATE AS OF CHANGE: 20210309 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUNT THOMAS P CENTRAL INDEX KEY: 0001233318 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 21727210 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 2021-03-06 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001233318 HUNT THOMAS P C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 Executive VP/General Counsel Class A Common Stock 2021-03-06 4 M 0 1759 A 121060 D Class A Common Stock 2021-03-06 4 M 0 1409 A 122469 D Class A Common Stock 2021-03-06 4 M 0 1367 A 123836 D Class A Common Stock 2021-03-06 4 F 0 1259 242.19 D 122577 D Stock Options (Right to Buy) 124.59 2022-03-05 Class A Common Stock 63633 63633 D Stock Options (Right to Buy) 96.58 2023-03-04 Class A Common Stock 80832 80832 D Stock Options (Right to Buy) 115.17 2024-03-06 Class A Common Stock 68540 68540 D Restricted Stock Units 2021-03-06 4 M 0 1759 D Class A Common Stock 1759 0 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 54074 54074 D Restricted Stock Units 2021-03-06 4 M 0 1409 D Class A Common Stock 1409 1409 D Stock Options (Right to Buy) 182.30 2026-03-06 Class A Common Stock 58233 58233 D Restricted Stock Units 2021-03-06 4 M 0 1367 D Class A Common Stock 1367 2734 D Restricted Stock Units Class A Common Stock 2571 2571 D Performance Restricted Stock Units Class A Common Stock 3856 3856 D Performance Restricted Stock Units Class A Common Stock 3856 3856 D Restricted Stock Units Class A Common Stock 3872 3872 D Performance Restricted Stock Units Class A Common Stock 3872 3872 D Performance Restricted Stock Units Class A Common Stock 3872 3872 D On March 6, 2021, 1,759 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. On March 6, 2021, 1,409 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. On March 6, 2021, 1,367 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. 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: 1,758 vest on the first anniversary of the grant date and 1,759 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: 13,518 vest on each of the first and the third anniversaries of the grant date, and 13,519 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018). These restricted stock units vest in accordance with the following schedule: 1,409 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018). These options vest in accordance with the following schedule: 14,695 vest on each of the first through third anniversaries of the grant date and 14,696 vest on the fourth anniversary of the grant date (March 6, 2019). These restricted stock units vest in accordance with the following schedule: 1,366 vest on the first anniversary of the grant date and 1,367 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: 1,285 vest on the first and second anniversaries of the grant date and 1,286 vest on the third anniversary 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. These restricted stock units vest in accordance with the following schedule: 1,290 vest on the first anniversary of the grant date and 1,291 vest on each of the second and third anniversaries of the grant date (March 4, 2021). 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. 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. /s/ Thomas P. Hunt 2021-03-09