Form 4 for SBAC SBA Communications

Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-25 · accession 0001209191-22-014266 · 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	Lazarus Brian D	SVP, CAO	M - OptEx	—	+518	21.5K	+2%	—
D	2022-03-01	2022-02-25	SBAC	Lazarus Brian D	SVP, CAO	F - Tax	$302.30	-219.94	21.3K	-1%	-$66.5K
D	2022-03-01	2022-02-25	SBAC	Lazarus Brian D	SVP, CAO	M - OptEx	—	-518	519	-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	518	—	21,504.60	D	—	—	(F1) On February 25, 2022, 518 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F2) Includes 64.251 shares acquired through a dividend reinvestment plan.
2	Common	Class A Common Stock	2022-02-25	F	D	219.94	$302.30	21,284.66	D	—	—	(F3) Shares withheld for payment of tax liability.
3	Derivative	Restricted Stock Units	2022-02-25	M	D	518	—	519	D	— · — to —	518 Class A Common Stock	(F1) On February 25, 2022, 518 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F6) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F10) These restricted stock units vest in accordance with the following schedule: 518 vest on the first and second anniversaries of the grant date and 519 vest on the third anniversary of the grant date (February 25, 2020).