0001209191-23-016965.txt : 20230307
0001209191-23-016965.hdr.sgml : 20230307
20230307185807
ACCESSION NUMBER: 0001209191-23-016965
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230304
FILED AS OF DATE: 20230307
DATE AS OF CHANGE: 20230307
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: 23714345
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
2023-03-04
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
2023-03-04
4
M
0
991
0.00
A
29136.292
D
Class A Common Stock
2023-03-06
4
F
0
389.958
260.35
D
28746.334
D
Class A Common Stock
2023-03-04
4
M
0
879
0.00
A
29625.334
D
Class A Common Stock
2023-03-06
4
F
0
345.886
260.35
D
29279.448
D
Class A Common Stock
2023-03-06
4
M
0
1037
0.00
A
30316.448
D
Class A Common Stock
2023-03-06
4
F
0
408.059
260.35
D
29908.389
D
Stock Options (Right to Buy)
115.17
2024-03-06
Class A Common Stock
32930
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
2023-03-06
4
M
0
1037
D
Class A Common Stock
1037
0
D
Restricted Stock Units
2023-03-04
4
M
0
991
D
Class A Common Stock
991
991
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
2023-03-04
4
M
0
879
D
Class A Common Stock
879
1758
D
Performance Restricted Stock Units
Class A Common Stock
2637
2637
D
Performance Restricted Stock Units
Class A Common Stock
2637
2637
D
Restricted Stock Units
2023-03-06
4
A
0
3104
0.00
A
Class A Common Stock
3104
3104
D
Performance Restricted Stock Units
2023-03-06
4
A
0
3104
0.00
A
Class A Common Stock
3104
3104
D
Performance Restricted Stock Units
2023-03-06
4
A
0
3104
0.00
A
Class A Common Stock
3104
3104
D
On March 4, 2023, 991 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.
Represents shares issued in connection with the vesting of performance restricted share units. The Compensation Committee of the Issuer's Board of Directors determined achievement of the applicable AFFO performance metric at 200%.
On March 4, 2023, 879 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
On March 6, 2023, 1,037 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
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: 991 vest on each of the first through third anniversaries of the grant date (March 4, 2021).
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 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.
These restricted stock units vest in accordance with the following schedule: 1,034 vest on the first anniversary of the grant date and 1,035 vest on each of the second through fourth anniversaries of the grant date (March 6, 2023).
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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 6, 2026, 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/ Joshua Koenig, Attorney-in-Fact
2023-03-07