Form 4 for SBAC SBA Communications
Accepted 2022-03-08 00:00:00 ET · period of report 2022-03-04 · accession 0001209191-22-017251 · 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 | BAGWELL KURT L | EVP, Pres. - International | M - OptEx | — | +4,066 | 32.9K | +14% | — |
| DM | 2022-03-08 | 2022-03-04+ | SBAC | BAGWELL KURT L | EVP, Pres. - International | F - Tax | $329.85 | -1,311 | 33.3K | -4% | -$432.4K |
| DM | 2022-03-08 | 2022-03-04+ | SBAC | BAGWELL KURT L | EVP, Pres. - International | M - OptEx | — | -4,066 | 2,582 | -61% | — |
| DM | 2022-03-08 | 2022-03-04 | SBAC | BAGWELL KURT L | EVP, Pres. - International | A - Grant | $0.00 | +10.2K | 3,413 | 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 | 2022-03-04 | M | A | 1,290 | — | 31,821.30 | 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. |
| 2 | Common | Class A Common Stock | 2022-03-04 | F | D | 283.80 | $326.03 | 31,537.50 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 3 | Common | Class A Common Stock | 2022-03-06 | F | D | 1,027.12 | $330.90 | 33,286.38 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 4 | Common | Class A Common Stock | 2022-03-06 | M | A | 1,367 | — | 34,313.50 | D | — | — | (F4) On March 6, 2022, 1,367 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 | M | A | 1,409 | — | 32,946.50 | D | — | — | (F3) On March 6, 2022, 1,409 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 6 | Derivative | Restricted Stock Units | 2022-03-06 | M | D | 1,367 | — | 1,367 | D | — · — to — | 1,367 Class A Common Stock | (F4) On March 6, 2022, 1,367 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F8) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F11) These restricted stock units vest in accordance with the following schedule: 1,366 vest on the first anniversary of the grant date and 1,367 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019). |
| 7 | Derivative | Performance Restricted Stock Units | 2022-03-04 | A | A | 3,413 | $0.00 | 3,413 | D | — · — to — | 3,413 Class A Common Stock | (F13) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F21) 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 | 3,413 | $0.00 | 3,413 | D | — · — to — | 3,413 Class A Common Stock | (F8) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F19) These restricted stock units vest in accordance with the following schedule: 1,137 vest on the first anniversary of the grant date and 1,138 vest on each of the second and third anniversaries of the grant date (March 4, 2022). |
| 9 | Derivative | Performance Restricted Stock Units | 2022-03-04 | A | A | 3,413 | $0.00 | 3,413 | D | — · — to — | 3,413 Class A Common Stock | (F13) 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. |
| 10 | Derivative | Restricted Stock Units | 2022-03-06 | M | D | 1,409 | — | 0 | D | — · — to — | 1,409 Class A Common Stock | (F3) On March 6, 2022, 1,409 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. (F8) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F9) These restricted stock units vest in accordance with the following schedule: 1,409 vest on each of the first through 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. (F8) 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: 1,290 vest on the first anniversary of the grant date and 1,291 vest on each of the second and third anniversaries of the grant date (March 4, 2021). |