0001209191-21-050218.txt : 20210806
0001209191-21-050218.hdr.sgml : 20210806
20210806173719
ACCESSION NUMBER: 0001209191-21-050218
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210805
FILED AS OF DATE: 20210806
DATE AS OF CHANGE: 20210806
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BAGWELL KURT L
CENTRAL INDEX KEY: 0001175022
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 211154007
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: 5900 BROKEN SOUND PKWY
CITY: BOCA RATON
STATE: FL
ZIP: 33487
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
2021-08-05
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001175022
BAGWELL KURT L
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
0
1
0
0
EVP; Pres. - International
Class A Common Stock
2021-08-05
4
M
0
17135
115.17
A
48084
D
Class A Common Stock
2021-08-05
4
M
0
13518
156.50
A
61602
D
Class A Common Stock
2021-08-05
4
M
0
14147
182.30
A
75749
D
Class A Common Stock
2021-08-05
4
S
0
26373
345.386
D
49376
D
Class A Common Stock
2021-08-05
4
S
0
9524
346.6474
D
39852
D
Class A Common Stock
2021-08-05
4
S
0
6417
347.4357
D
33435
D
Class A Common Stock
2021-08-05
4
S
0
1300
348.2235
D
32135
D
Class A Common Stock
2021-08-05
4
S
0
1186
349.7756
D
30949
D
Class A Common Stock
15530
I
By LLC
Class A Common Stock
26
I
By Trust
Stock Options (Right to Buy)
115.17
2021-08-05
4
M
0
17135
0.00
D
2024-03-06
Class A Common Stock
17135
0
D
Stock Options (Right to Buy)
156.50
2021-08-05
4
M
0
13518
0.00
D
2025-03-06
Class A Common Stock
13518
13519
D
Restricted Stock Units
Class A Common Stock
1409
1409
D
Stock Options (Right to Buy)
182.30
2021-08-05
4
M
0
14147
0.00
D
2026-03-06
Class A Common Stock
14147
30487
D
Restricted Stock Units
Class A Common Stock
2734
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
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $345.00 to $345.97 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $346.05 to $347.05 per share. The Reporting Person, upon request, will provide the Securites and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $347.07 to $348.06 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $348.09 to $348.50 per share. The Reporting Person, upon request, will provide the Securites and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $349.19 to $350.11 per share. The Reporting Person, upon request, will provide the Securites and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
These shares are held by a limited liability company of which the Reporting Person is the sole manager and whose revocable trust is the sole member.
The trust is for the benefit of one of the Reporting Person's children.
These options are immediately exercisable.
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).
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: 1,409 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, Attorney-in-Fact
2021-08-06