0001209191-23-057104.txt : 20231201
0001209191-23-057104.hdr.sgml : 20231201
20231201183010
ACCESSION NUMBER: 0001209191-23-057104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231129
FILED AS OF DATE: 20231201
DATE AS OF CHANGE: 20231201
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: 231460820
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
X0508
4
2023-11-29
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
0
Class A Common Stock
2023-11-29
4
M
0
5000
182.30
A
34005.4278
D
Class A Common Stock
2023-11-29
4
S
0
5000
245.0462
D
29005.4278
D
Stock Options (Right to Buy)
182.30
2023-11-29
4
M
0
5000
0.00
D
2026-03-06
Class A Common Stock
5000
3545
D
Restricted Stock Units
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
Class A Common Stock
1221
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
Class A Common Stock
2144
2144
D
Performance Restricted Stock Units
Class A Common Stock
2144
2144
D
Performance Restricted Stock Units
Class A Common Stock
2144
2144
D
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $245.00 to $245.23 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 fully vested and 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: 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
2023-12-01