0001209191-22-014261.txt : 20220301
0001209191-22-014261.hdr.sgml : 20220301
20220301180309
ACCESSION NUMBER: 0001209191-22-014261
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220225
FILED AS OF DATE: 20220301
DATE AS OF CHANGE: 20220301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cavanagh Brendan Thomas
CENTRAL INDEX KEY: 0001293293
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 22700180
MAIL ADDRESS:
STREET 1: 5900 BROKEN SOUND PARKWAY, NW
CITY: BOCA RATON
STATE: FL
ZIP: 33487-2797
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
2022-02-25
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001293293
Cavanagh Brendan Thomas
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
0
1
0
0
Executive Vice President & CFO
Class A Common Stock
2022-02-25
4
M
0
1221
A
29889
D
Class A Common Stock
2022-02-25
4
F
0
491.505
302.30
D
29397.495
D
Class A Common Stock
19049
I
By LLC
Stock Options (Right to Buy)
156.50
2025-03-06
Class A Common Stock
50212
50212
D
Restricted Stock Units
Class A Common Stock
1309
1309
D
Stock Options (Right to Buy)
182.30
2026-03-06
Class A Common Stock
55741
55741
D
Restricted Stock Units
Class A Common Stock
2592
2592
D
Restricted Stock Units
2022-02-25
4
M
0
1221
D
Class A Common Stock
1221
1221
D
Performance Restricted Stock Units
Class A Common Stock
3663
3663
D
Performance Restricted Stock Units
Class A Common Stock
3663
3663
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 February 25, 2022, 1,221 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 shares are owned by Cavanagh Investments, LLC. The Reporting Person is the manager of Cavanagh Investments, LLC and a trust for the benefit of the Reporting Person's spouse owns all of the equity interests in Cavanagh Investments, LLC. The Reporting Person disclaims beneficial ownership of the shares owned by Cavanagh Investments, LLC, except to the extent of his pecuniary interest therein.
These options vest in accordance with the following schedule: 12,553 vest on each of the first 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: 1,308 vest on each of the first and the third anniversaries of the grant date, and 1,309 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018).
These options vest in accordance with the following schedule: 13,935 vest on each of the first through third anniversaries of the grant date and 13,936 vest on the fourth anniversary of the grant date (March 6, 2019).
These restricted stock units vest in accordance with the following schedule: 1,296 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: 1,221 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.
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 vests 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
2022-03-01