0001209191-21-055192.txt : 20210908
0001209191-21-055192.hdr.sgml : 20210908
20210908174912
ACCESSION NUMBER: 0001209191-21-055192
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210903
FILED AS OF DATE: 20210908
DATE AS OF CHANGE: 20210908
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lazarus Brian D
CENTRAL INDEX KEY: 0001444362
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 211243061
MAIL ADDRESS:
STREET 1: 5900 BROKEN SOUND PARKWAY, NW
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
2021-09-03
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001444362
Lazarus Brian D
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
0
1
0
0
SVP & Chief Accounting Officer
Class A Common Stock
2021-09-03
4
M
0
24263
115.17
A
44590.349
D
Class A Common Stock
2021-09-03
4
S
0
13534
365.86
D
31056.349
D
Class A Common Stock
2021-09-03
4
S
0
10729
366.57
D
20327.349
D
Class A Common Stock
2021-09-07
4
M
0
868
115.17
A
21195.349
D
Class A Common Stock
2021-09-07
4
F
0
273
366.48
D
20922.349
D
Stock Options (Right to Buy)
115.17
2021-09-03
4
M
0
24263
0.00
D
2024-03-06
Class A Common Stock
24263
868
D
Stock Options (Right to Buy)
115.17
2021-09-07
4
M
0
868
0.00
D
2024-03-06
Class A Common Stock
868
0
D
Stock Options (Right to Buy)
156.50
2025-03-06
Class A Common Stock
21243
21243
D
Restricted Stock Units
Class A Common Stock
554
554
D
Stock Options (Right to Buy)
182.30
2026-03-06
Class A Common Stock
23512
23512
D
Restricted Stock Units
Class A Common Stock
1093
1093
D
Restricted Stock Units
Class A Common Stock
1037
1037
D
Performance Restricted Stock Units
Class A Common Stock
1555
1555
D
Performance Restricted Stock Units
Class A Common Stock
1555
1555
D
Restricted Stock Units
Class A Common Stock
1624
1624
D
Performance Restricted Stock Units
Class A Common Stock
1624
1624
D
Performance Restricted Stock Units
Class A Common Stock
1624
1624
D
Includes 74.53 shares acquired through a dividend reinvestment plan.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $365.26 and
$366.25 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 transaction ranged from $366.27 and
$367.08 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 shares used to pay option exercise price or withheld for payment of tax liability.
These options are immediately exercisable.
These options vest in accordance with the following schedule: 5,310 vest on the first anniversary of the grant date and 5,311 vest on each of the second through 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: 553 vest on each of the first and third anniversaries of the grant date and 554 vest on each of the second and fourth anniversaries of the grant date (March 6, 2018).
These options vest in accordance with the following schedule: 5,878 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: 546 vest on each of the first and third anniversaries of the grant date and 547 vest on each of the second and fourth anniversaries of the grant date (March 6, 2019).
These restricted stock units vest in accordance with the following schedule: 518 vest on the first and second anniversaries of the grant date and 519 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: 541 vest on each of the first and second anniversaries of the grant date and 542 vest on the third anniversary 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
2021-09-08