4//SEC Filing
Patel Dipan D 4
Accession 0001209191-22-017245
CIK 0001034054other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:28 PM ET
Size
32.3 KB
Accession
0001209191-22-017245
Insider Transaction Report
Form 4
Patel Dipan D
EVP Tech., Strat. & New Bus.
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-04+499→ 2,594.645 total - Award
Restricted Stock Units
2022-03-04+1,365→ 1,365 total→ Class A Common Stock (1,365 underlying) - Exercise/Conversion
Restricted Stock Units
2022-03-06−471→ 472 total→ Class A Common Stock (471 underlying) - Award
Performance Restricted Stock Units
2022-03-04+1,365→ 1,365 total→ Class A Common Stock (1,365 underlying) - Tax Payment
Class A Common Stock
2022-03-06$330.90/sh−114.688$37,950→ 2,829.451 total - Award
Performance Restricted Stock Units
2022-03-04+1,365→ 1,365 total→ Class A Common Stock (1,365 underlying) - Tax Payment
Class A Common Stock
2022-03-04$326.03/sh−121.506$39,615→ 2,473.139 total - Exercise/Conversion
Class A Common Stock
2022-03-06+471→ 2,944.139 total - Exercise/Conversion
Restricted Stock Units
2022-03-04−499→ 1,000 total→ Class A Common Stock (499 underlying)
Holdings
- 1,414
Performance Restricted Stock Units
→ Class A Common Stock (1,414 underlying) - 1,499
Performance Restricted Stock Units
→ Class A Common Stock (1,499 underlying) - 19,173
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (19,173 underlying) - 472
Restricted Stock Units
→ Class A Common Stock (472 underlying) - 1,414
Performance Restricted Stock Units
→ Class A Common Stock (1,414 underlying) - 1,499
Performance Restricted Stock Units
→ Class A Common Stock (1,499 underlying)
Footnotes (17)
- [F1]On March 4, 2022, 499 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- [F10]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, 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.
- [F11]These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, 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.
- [F12]These restricted stock units vest in accordance with the following schedule: 499 vest on the first anniversary of the grant date and 500 vest on each of the second and third anniversaries of the grant date (March 4, 2021).
- [F13]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.
- [F14]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.
- [F15]These restricted stock units vest in accordance with the following schedule: 455 vest on each of the first through third anniversaries of the grant date (March 4, 2022).
- [F16]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.
- [F17]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.
- [F2]Includes 72 shares acquired on February 28, 2022 pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan.
- [F3]Shares withheld for payment of tax liability.
- [F4]On March 6, 2021, 471 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
- [F5]These options vest in accordance with the following schedule: 5,067 vest on each of the first through third anniversaries of the grant date and 5,068 vest on the fourth anniversary of the grant date (March 6, 2019).
- [F6]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F7]These restricted stock units vest in accordance with the following schedule: 471 vest on each of the first through third anniversaries of the grant date and 472 vest on the fourth anniversary of the grant date (March 6, 2019).
- [F8]These restricted stock units vest in accordance with the following schedule: 471 vest on the first and second anniversaries of the grant date and 472 vest on the third anniversary of the grant date (February 25, 2020).
- [F9]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0001767180
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:28 PM ET
- Size
- 32.3 KB