0001415889-24-007423.txt : 20240308
0001415889-24-007423.hdr.sgml : 20240308
20240308183019
ACCESSION NUMBER: 0001415889-24-007423
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240306
FILED AS OF DATE: 20240308
DATE AS OF CHANGE: 20240308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CANE RICHARD M
CENTRAL INDEX KEY: 0001957645
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 24736067
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
form4-03082024_060309.xml
X0508
4
2024-03-06
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001957645
CANE RICHARD M
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
false
true
false
false
EVP; PRES. - INTERNATIONAL
0
Class A Common Stock
2024-03-06
4
M
0
693
0
A
3955.5440
D
Class A Common Stock
2024-03-06
4
F
0
188.645
216.50
D
3766.8990
D
Restricted Stock Units
Class A Common Stock
190
190
D
Performance Restricted Stock Units
Class A Common Stock
569
569
D
Performance Restricted Stock Units
Class A Common Stock
569
569
D
Restricted Stock Units
2024-03-06
4
M
0
693
0
D
Class A Common Stock
693
1388
D
Performance Restricted Stock Units
Class A Common Stock
2081
2081
D
Performance Restricted Stock Units
Class A Common Stock
2081
2081
D
Restricted Stock Units
2024-03-06
4
A
0
4628
0
A
Class A Common Stock
4628
4628
D
Performance Restricted Stock Units
2024-03-06
4
A
0
4629
0
A
Class A Common Stock
4629
4629
D
Shares withheld for the payment of tax liability.
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: 189 vest on the first anniversary of the grant date and 190 vest on each of the second and third anniversaries of the grant date (March 4, 2022).
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 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 (up to 200%) or decrease based on the results of the performance conditions.
These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions.
These restricted stock units vest in accordance with the following schedule: 693 vest on the first anniversary of the grant date and 694 vest on each of the 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 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 (up to 200%) or decrease based on the results of the performance conditions.
These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions.
These restricted stock units vest in accordance to the following schedule; 1,543 vest on the first through third anniversaries of the grant date (March 6, 2024).
These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. 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 decrease or increase (up to 200%) based on the results of the performance conditions.
/s/ Joshua Koenig, Attorney-in-Fact
2024-03-08