Form 4 for SBAC SBA Communications
Accepted 2022-03-08 00:00:00 ET · period of report 2022-03-04 · accession 0001209191-22-017247 · 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 | SILBERSTEIN JASON V | EVP - Site Leasing | M - OptEx | — | +3,085 | 17.1K | +22% | — |
| DM | 2022-03-08 | 2022-03-04+ | SBAC | SILBERSTEIN JASON V | EVP - Site Leasing | M - OptEx | — | -3,085 | 1,982 | -61% | — |
| DM | 2022-03-08 | 2022-03-04 | SBAC | SILBERSTEIN JASON V | EVP - Site Leasing | A - Grant | $0.00 | +7,911 | 2,637 | New | $0 |
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 | 1,037 | — | 19,244 | D | — | — | (F3) On March 6, 2022, 1,037 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 | 1,057 | — | 18,207 | D | — | — | (F2) On March 6, 2022, 1,057 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2022-03-04 | M | A | 991 | — | 17,150 | D | — | — | (F1) On March 4, 2022, 991 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 4 | Derivative | Restricted Stock Units | 2022-03-06 | M | D | 1,057 | — | 0 | D | — · — to — | 1,057 Class A Common Stock | (F2) On March 6, 2022, 1,057 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. (F6) These restricted stock units vest in accordance with the following schedule: 1,056 vest on the first anniversary of the grant date and 1,057 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018). |
| 5 | Derivative | Restricted Stock Units | 2022-03-06 | M | D | 1,037 | — | 1,037 | D | — · — to — | 1,037 Class A Common Stock | (F3) On March 6, 2022, 1,037 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. (F8) These restricted stock units vest in accordance with the following schedule: 1,036 vest on first anniversary of the grant date and 1,037 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019). |
| 6 | Derivative | Performance Restricted Stock Units | 2022-03-04 | A | A | 2,637 | $0.00 | 2,637 | D | — · — to — | 2,637 Class A Common Stock | (F10) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F17) 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 | Restricted Stock Units | 2022-03-04 | A | A | 2,637 | $0.00 | 2,637 | D | — · — to — | 2,637 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F16) These restricted stock units vest in accordance with the following schedule: 879 vest on each of the first through third anniversaries of the grant date (March 4, 2022). |
| 8 | Derivative | Restricted Stock Units | 2022-03-04 | M | D | 991 | — | 1,982 | D | — · — to — | 991 Class A Common Stock | (F1) On March 4, 2022, 991 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. (F13) These restricted stock units vest in accordance with the following schedule: 991 vest on each of the first through third anniversaries of the grant date (March 4, 2021). |
| 9 | Derivative | Performance Restricted Stock Units | 2022-03-04 | A | A | 2,637 | $0.00 | 2,637 | D | — · — to — | 2,637 Class A Common Stock | (F10) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F18) 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. |