4//SEC Filing
DAY DONALD 4
Accession 0001415889-25-020982
CIK 0001034054other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 6:30 PM ET
Size
22.0 KB
Accession
0001415889-25-020982
Insider Transaction Report
Form 4
DAY DONALD
EVP - SITE LEASING
Transactions
- Exercise/Conversion
Class A Common Stock
2025-08-01+456→ 7,135.251 total - Tax Payment
Class A Common Stock
2025-08-01$224.72/sh−179.436$40,323→ 6,955.815 total - Exercise/Conversion
Restricted Stock Units
2025-08-01−456→ 914 total→ Class A Common Stock (456 underlying)
Holdings
- 809
Performance Restricted Stock Units
→ Class A Common Stock (809 underlying) - 1,665
Performance Restricted Stock Units
→ Class A Common Stock (1,665 underlying) - 4,045
Restricted Stock Units
→ Class A Common Stock (4,045 underlying) - 5,739
Stock Options (Right to Buy)
Exercise: $182.30Exp: 2026-03-06→ Class A Common Stock (5,739 underlying) - 809
Performance Restricted Stock Units
→ Class A Common Stock (809 underlying) - 270
Restricted Stock Units
→ Class A Common Stock (270 underlying) - 1,110
Restricted Stock Units
→ Class A Common Stock (1,110 underlying) - 4,045
Performance Restricted Stock Units
→ Class A Common Stock (4,045 underlying)
Footnotes (12)
- [F1]Shares withheld for the 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 options are fully vested and immediately 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 vested on the second anniversary and 270 will vest on the third anniversary 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 will 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 will 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 vested on the first anniversary and 555 will vest on the second 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 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.
Documents
Issuer
SBA COMMUNICATIONS CORP
CIK 0001034054
Entity typeother
Related Parties
1- filerCIK 0002031697
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 6:30 PM ET
- Size
- 22.0 KB