4//SEC Filing
KOENIG JOSHUA 4
Accession 0001415889-25-007297
CIK 0001034054other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:30 PM ET
Size
27.0 KB
Accession
0001415889-25-007297
Insider Transaction Report
Form 4
KOENIG JOSHUA
EXECUTIVE VP/GENERAL COUNSEL
Transactions
- Exercise/Conversion
Class A Common Stock
2025-03-04+1,292→ 7,501.259 total - Exercise/Conversion
Class A Common Stock
2025-03-04+216→ 6,294.254 total - Tax Payment
Class A Common Stock
2025-03-04$221.51/sh−84.995$18,827→ 6,209.259 total - Tax Payment
Class A Common Stock
2025-03-04$221.51/sh−508.402$112,616→ 6,992.857 total - Exercise/Conversion
Restricted Stock Units
2025-03-04−216→ 0 total→ Class A Common Stock (216 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2025-03-04−646→ 0 total→ Class A Common Stock (646 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2025-03-04−646→ 0 total→ Class A Common Stock (646 underlying)
Holdings
- 9,121
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (9,121 underlying) - 1,310
Restricted Stock Units
→ Class A Common Stock (1,310 underlying) - 1,965
Performance Restricted Stock Units
→ Class A Common Stock (1,965 underlying) - 1,965
Performance Restricted Stock Units
→ Class A Common Stock (1,965 underlying) - 4,440
Restricted Stock Units
→ Class A Common Stock (4,440 underlying) - 4,440
Performance Restricted Stock Units
→ Class A Common Stock (4,440 underlying)
Footnotes (14)
- [F1]Shares withheld for payment of tax liability.
- [F10]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).
- [F11]These performance stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition.
- [F12]These performance stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition.
- [F13]These restricted stock units vest in accordance with the following schedule: 1,480 vest on the first through third anniversaries of the grant date (March 6, 2024).
- [F14]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 subject to decrease or increase (up to 200%) based on the results of the performance conditions.
- [F2]These performance restricted stock units (PSUs) were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. These PSUs vested at 200% of target based on the results of the performance condition, such that 1,292 shares of Class A Common Stock vested.
- [F3]These options are fully vested and immediately exercisable.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F5]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).
- [F6]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F7]These performance restricted stock units have a three-year performance period and to the extent earned vest on March 4, 2025. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition.
- [F8]The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting was not met.
- [F9]These performance stock units have a three-year performance period and to the extent earned vest on March 4, 2025. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition.
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0001957644
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:30 PM ET
- Size
- 27.0 KB