0001209191-23-016968.txt : 20230307 0001209191-23-016968.hdr.sgml : 20230307 20230307190035 ACCESSION NUMBER: 0001209191-23-016968 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: Ciarfella Mark R CENTRAL INDEX KEY: 0001504654 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 23714358 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORPORATION STREET 2: 5900 BROKEN SOUND PARKWAY NW 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 0001504654 Ciarfella Mark R C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 EVP - Operations Class A Common Stock 2023-03-04 4 M 0 677 0.00 A 29244.761 D Class A Common Stock 2023-03-06 4 F 0 250.489 260.35 D 28994.272 D Class A Common Stock 2023-03-04 4 M 0 610 0.00 A 29604.272 D Class A Common Stock 2023-03-06 4 F 0 225.7 260.35 D 29378.572 D Class A Common Stock 2023-03-06 4 M 0 693 0.00 A 30071.572 D Class A Common Stock 2023-03-06 4 F 0 256.409 260.35 D 29815.163 D Stock Options (Right to Buy) 182.30 2026-03-06 Class A Common Stock 8545 8545 D Restricted Stock Units 2023-03-06 4 M 0 693 D Class A Common Stock 693 0 D Restricted Stock Units 2023-03-04 4 M 0 677 D Class A Common Stock 677 677 D Performance Restricted Stock Units Class A Common Stock 2030 2030 D Performance Restricted Stock Units Class A Common Stock 2030 2030 D Restricted Stock Units 2023-03-04 4 M 0 610 D Class A Common Stock 610 1221 D Performance Restricted Stock Units Class A Common Stock 1831 1831 D Performance Restricted Stock Units Class A Common Stock 1831 1831 D Restricted Stock Units 2023-03-06 4 A 0 2144 0.00 A Class A Common Stock 2144 2144 D Performance Restricted Stock UnitsP 2023-03-06 4 A 0 2144 0.00 A Class A Common Stock 2144 2144 D Performance Restricted Stock Units 2023-03-06 4 A 0 2144 0.00 A Class A Common Stock 2144 2144 D On March 4, 2023, 677 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. Includes 83.528 shares acquired on February 28, 2023 pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan. Shares withheld for payment of tax liability. On March 6, 2023, 610 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, 693 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. These options vest in accordance with the following schedule: 7,449 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: 692 vest on first anniversary of the grant date and 693 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: 676 vest on the first anniversary of the grant date and 677 vest on each of the second and 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: 610 vest on the first and second anniversary of the grant date and 611 vest on 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: 714 vest on the first anniversary of the grant date and 715 vest on second and 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, Attorney-in-Fact 2023-03-07