DAY DONALD 4

Accession 0001415889-25-007582

CIK 0001034054other

View on SEC.gov Company Profile

Filed

Mar 9, 8:00 PM ET

Accepted

Mar 10, 6:30 PM ET

Size

27.3 KB

Accession

0001415889-25-007582

Insider Transaction Report

Form 4

Period: 2025-03-06

SBA COMMUNICATIONS CORPSBAC

DAY DONALD

EVP - SITE LEASING

Transactions

Exercise/Conversion
Class A Common Stock
2025-03-06+555→ 6,880.993 total
Award
Restricted Stock Units
2025-03-06+4,045→ 4,045 total
→ Class A Common Stock (4,045 underlying)
Exercise/Conversion
Class A Common Stock
2025-03-06+270→ 6,424.137 total
Tax Payment
Class A Common Stock
2025-03-06$220.38/sh−98.144$21,629→ 6,325.993 total
Exercise/Conversion
Restricted Stock Units
2025-03-06−555→ 1,110 total
→ Class A Common Stock (555 underlying)
Award
Performance Restricted Stock Units
2025-03-06+4,045→ 4,045 total
→ Class A Common Stock (4,045 underlying)
Tax Payment
Class A Common Stock
2025-03-06$220.38/sh−201.742$44,460→ 6,679.251 total
Exercise/Conversion
Restricted Stock Units
2025-03-06−270→ 270 total
→ Class A Common Stock (270 underlying)

Holdings

Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (5,739 underlying)
5,739
Performance Restricted Stock Units
→ Class A Common Stock (1,665 underlying)
1,665
Performance Restricted Stock Units
→ Class A Common Stock (809 underlying)
809
Performance Restricted Stock Units
→ Class A Common Stock (809 underlying)
809
Restricted Stock Units
→ Class A Common Stock (1,370 underlying)
1,370

Footnotes (12)

[F1]Shares withheld for payment of tax liability.
[F10]These restricted stock units vest in accordance with the following schedule: 456 vest on the first anniversary of the grant date and 457 vest on the second and third anniversaries of the grant date (August 1, 2024).
[F11]These restricted stock units vest in accordance with the following schedule: 1,348 vest on the first and second anniversaries of the grant date and 1,349 vest on the third anniversary of the grant date (March 6, 2025).
[F12]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, 2028. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
[F2]These stock options are fully vested and exercisable.
[F3]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F4]These restricted stock units vest in accordance with the following schedule: 269 vested on the first anniversary of the grant date and 270 vest on the second and third anniversaries of the grant date (March 6, 2023).
[F5]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F6]These performance restricted 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 (up to 200%) or decrease based on the results of the performance condition.
[F7]These performance restricted 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 (up to 200%) or decrease based on the results of the performance condition.
[F8]These restricted stock units vest in accordance with the following schedule: 555 vest on the first through third anniversaries of the grant date (March 6, 2024).
[F9]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 is subject to decrease or increase (up to 200%) based on the results of the performance conditions.

Documents

1 file

4
form4-03102025_060305.xmlPrimary

Issuer

SBA COMMUNICATIONS CORP

CIK 0001034054

→

Entity typeother

Related Parties

filerCIK 0002031697

Filing Metadata

Form type: 4
Filed: Mar 9, 8:00 PM ET
Accepted: Mar 10, 6:30 PM ET
Size: 27.3 KB

View on SEC.gov