0001209191-22-045469.txt : 20220811 0001209191-22-045469.hdr.sgml : 20220811 20220811180033 ACCESSION NUMBER: 0001209191-22-045469 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220810 FILED AS OF DATE: 20220811 DATE AS OF CHANGE: 20220811 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SILBERSTEIN JASON V CENTRAL INDEX KEY: 0001284848 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 221157212 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 2022-08-10 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001284848 SILBERSTEIN JASON V C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 EVP - Site Leasing Class A Common Stock 2022-08-10 4 M 0 16464 115.17 A 38249 D Class A Common Stock 2022-08-10 4 S 0 16064 350.3686 D 22185 D Class A Common Stock 2022-08-10 4 S 0 400 351.00 D 21785 D Stock Options (Right to Buy) 115.17 2022-08-10 4 M 0 16464 0.00 D 2024-03-06 Class A Common Stock 16464 32930 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 39918 39918 D Stock Options (Right to Buy) 182.30 2026-03-06 Class A Common Stock 44592 44592 D Restricted Stock Units Class A Common Stock 1037 1037 D Restricted Stock Units Class A Common Stock 977 977 D Performance Restricted Stock Units Class A Common Stock 2931 2931 D Performance Restricted Stock Units Class A Common Stock 2931 2931 D Restricted Stock Units Class A Common Stock 1982 1982 D Performance Restricted Stock Units Class A Common Stock 2973 2973 D Performance Restricted Stock Units Class A Common Stock 2973 2973 D Restricted Stock Units Class A Common Stock 2637 2637 D Performance Restricted Stock Units Class A Common Stock 2637 2637 D Performance Restricted Stock Units Class A Common Stock 2637 2637 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $350.00 to $350.86 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. These options are immediately exercisable. These options vest in accordance with the following schedule: 11,148 vest on each of the first through fourth anniversaries 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: 1,036 vest on first anniversary of the grant date and 1,037 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: 977 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: 991 vest on each of the first through 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: 879 vest on each of 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 2022-08-11