Form 4 for SBAC SBA Communications

Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-25 · accession 0001209191-22-014254 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-03-01	2022-02-25	SBAC	Patel Dipan D	EVP Tech, Strat, New Bus	M - OptEx	—	+471	2,153	+28%	—
D	2022-03-01	2022-02-25	SBAC	Patel Dipan D	EVP Tech, Strat, New Bus	F - Tax	$302.30	-129.42	2,024	-6%	-$39.1K
D	2022-03-01	2022-02-25	SBAC	Patel Dipan D	EVP Tech, Strat, New Bus	M - OptEx	—	-471	472	-50%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-02-25	M	A	471	—	2,153.06	D	—	—	(F1) On February 25, 2022, 471 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F2) Includes 7.071 shares acquired through a dividend reinvestment plan.
2	Common	Class A Common Stock	2022-02-25	F	D	129.42	$302.30	2,023.65	D	—	—	(F3) Shares withheld for payment of tax liability.
3	Derivative	Restricted Stock Units	2022-02-25	M	D	471	—	472	D	— · — to —	471 Class A Common Stock	(F1) On February 25, 2022, 471 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F5) 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 the first and second anniversaries of the grant date and 472 vest on the third anniversary of the grant date (February 25, 2020).