0001209191-23-016967.txt : 20230307 0001209191-23-016967.hdr.sgml : 20230307 20230307185947 ACCESSION NUMBER: 0001209191-23-016967 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: KOENIG JOSHUA CENTRAL INDEX KEY: 0001957644 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 23714354 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORPORATION STREET 2: 8051 CONGRESS AVENUE 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 2023-03-04 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001957644 KOENIG JOSHUA C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 Executive VP/General Counsel Class A Common Stock 2023-03-04 4 M 0 229 0.00 A 6274.327 D Class A Common Stock 2023-03-06 4 F 0 85.531 260.35 D 6188.796 D Class A Common Stock 2023-03-04 4 M 0 215 0.00 A 6403.796 D Class A Common Stock 2023-03-06 4 F 0 80.302 260.35 D 6323.494 D Class A Common Stock 2023-03-06 4 M 0 212 0.00 A 6535.494 D Class A Common Stock 2023-03-06 4 F 0 79.181 260.35 D 6456.313 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 2724 2724 D Stock Options (Right to Buy) 182.30 2026-03-06 Class A Common Stock 9121 9121 D Restricted Stock Units 2023-03-06 4 M 0 212 D Class A Common Stock 212 0 D Restricted Stock Units 2023-03-04 4 M 0 229 D Class A Common Stock 229 229 D Performance Restricted Stock Units Class A Common Stock 687 687 D Performance Restricted Stock Units Class A Common Stock 687 687 D Restricted Stock Units 2023-03-04 4 M 0 215 D Class A Common Stock 215 431 D Performance Restricted Stock Units Class A Common Stock 646 646 D Performance Restricted Stock Units Class A Common Stock 646 646 D Restricted Stock Units 2023-03-06 4 A 0 1965 0.00 A Class A Common Stock 1965 1965 D Performance Restricted Stock Units 2023-03-06 4 A 0 1965 0.00 A Class A Common Stock 1965 1965 D Performance Restricted Stock Units 2023-03-06 4 A 0 1965 0.00 A Class A Common Stock 1965 1965 D On March 4, 2023, 229 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. On March 4, 2023, 215 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, 212 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. 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: 212 vest on the first through fourth anniversaries of the grant date (March 6, 2019). These restricted stock units vest in accordance with the following schedule: 229 vest on 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: 215 vest on the first and second anniversaries of the grant date and 216 vest on the third anniversary 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: 655 vest on the first through third 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 2023-03-07