0001209191-22-021508.txt : 20220329
0001209191-22-021508.hdr.sgml : 20220329
20220329180633
ACCESSION NUMBER: 0001209191-22-021508
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191010
FILED AS OF DATE: 20220329
DATE AS OF CHANGE: 20220329
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: 22782395
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
2019-10-10
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
2020-06-11
4
P
0
3
294.04
A
31762.813
D
Class A Common Stock
2021-11-17
4
P
0
4
350.37
A
31766.813
D
Class A Common Stock
2019-10-10
4
P
0
3
242.08
A
19052
I
By LLC
Class A Common Stock
2019-11-11
4
P
0
3
229.98
A
19055
I
By LLC
Class A Common Stock
2021-03-02
4
S
0
3
247.47
D
19052
I
By LLC
Stock Options (Right to Buy)
156.50
2025-03-06
Class A Common Stock
50212
50212
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
1296
1296
D
Restricted Stock Units
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
2582
2582
D
Performance Restricted Stock Units
Class A Common Stock
3872
3872
D
Performance Restricted Stock Units
Class A Common Stock
3872
3872
D
Restricted Stock Units
Class A Common Stock
3465
3465
D
Performance Restricted Stock Units
Class A Common Stock
3465
3465
D
Performance Restricted Stock Units
Class A Common Stock
3465
3465
D
The transactions reported herein were made in accounts managed by a financial advisor to the Reporting Person, which advisor had full investment control. Due to an oversight on the part of the advisor, the advisor made the transactions reported herein without the Reporting Person's knowledge. The transactions resulted in short-swing profits of $345.26, which the Reporting Person has disgorged to the Issuer in accordance with Section 16(b) of the Securities Exchange Act of 1934.
The Reporting Person's Form 4s filed after the date of the transactions reported herein do not reflect the net 10 additional shares of Class A common stock that the Reporting Person acquired as a result of those transactions.
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 are immediately exercisable.
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).
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: 1,296 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.
These restricted stock units vest in accordance with the following schedule: 1,155 vest on the first through third anniversaries of the grant date (March 4, 2022).
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, 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, 2025, 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
2022-03-29