Form 4 for SBAC SBA Communications
Accepted 2022-03-08 00:00:00 ET · period of report 2022-03-04 · accession 0001209191-22-017243 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-08 | 2022-03-04+ | SBAC | Cavanagh Brendan Thomas | EVP, CFO | M - OptEx | — | +3,895 | 30.7K | +15% | — |
| DM | 2022-03-08 | 2022-03-04+ | SBAC | Cavanagh Brendan Thomas | EVP, CFO | F - Tax | $329.29 | -1,533 | 31.8K | -5% | -$504.7K |
| DM | 2022-03-08 | 2022-03-04 | SBAC | Cavanagh Brendan Thomas | EVP, CFO | A - Grant | $0.00 | +10.4K | 3,465 | New | $0 |
| DM | 2022-03-08 | 2022-03-04+ | SBAC | Cavanagh Brendan Thomas | EVP, CFO | M - OptEx | — | -3,895 | 2,582 | -60% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-03-06 | M | A | 1,296 | — | 32,784.88 | D | — | — | (F4) On March 6, 2022, 1,296 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2022-03-06 | M | A | 1,309 | — | 31,488.88 | D | — | — | (F3) On March 6, 2022, 1,309 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2022-03-04 | F | D | 507.62 | $326.03 | 30,179.88 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 4 | Common | Class A Common Stock | 2022-03-04 | M | A | 1,290 | — | 30,687.50 | D | — | — | (F1) On March 4, 2022, 1,290 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 5 | Common | Class A Common Stock | 2022-03-06 | F | D | 1,025.07 | $330.90 | 31,759.81 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 6 | Derivative | Performance Restricted Stock Units | 2022-03-04 | A | A | 3,465 | $0.00 | 3,465 | D | — · — to — | 3,465 Class A Common Stock | (F12) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F20) These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. 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 increase or decrease based on the results of the performance condition. |
| 7 | Derivative | Performance Restricted Stock Units | 2022-03-04 | A | A | 3,465 | $0.00 | 3,465 | D | — · — to — | 3,465 Class A Common Stock | (F12) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F19) These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. 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 increase or decrease based on the results of the performance condition. |
| 8 | Derivative | Restricted Stock Units | 2022-03-04 | A | A | 3,465 | $0.00 | 3,465 | D | — · — to — | 3,465 Class A Common Stock | (F7) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F18) These restricted stock units vest in accordance with the following schedule: 1,155 vest on the first through third anniversaries of the grant date (March 4, 2022). |
| 9 | Derivative | Restricted Stock Units | 2022-03-06 | M | D | 1,296 | — | 1,296 | D | — · — to — | 1,296 Class A Common Stock | (F4) On March 6, 2022, 1,296 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F7) 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: 1,296 vest on each of the first through fourth anniversaries of the grant date (March 6, 2019). |
| 10 | Derivative | Restricted Stock Units | 2022-03-06 | M | D | 1,309 | — | 0 | D | — · — to — | 1,309 Class A Common Stock | (F3) On March 6, 2022, 1,309 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. (F7) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F8) These restricted stock units vest in accordance with the following schedule: 1,308 vest on each of the first and the third anniversaries of the grant date, and 1,309 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018). |
| 11 | Derivative | Restricted Stock Units | 2022-03-04 | M | D | 1,290 | — | 2,582 | D | — · — to — | 1,290 Class A Common Stock | (F1) On March 4, 2022, 1,290 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F7) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F15) These restricted stock units vest in accordance with the following schedule: 1,290 vest on the first anniversary of the grant date and 1,291 vests on each of the second and third anniversaries of the grant date (March 4, 2021). |