Form 4 for SBAC SBA Communications
Accepted 2023-03-07 00:00:00 ET · period of report 2023-03-04 · accession 0001209191-23-016967 · 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 | 2023-03-07 | 2023-03-06 | SBAC | KOENIG JOSHUA | GC, Executive VP | F - Tax | $260.35 | -245.01 | 6,323 | -4% | -$63.8K |
| DM | 2023-03-07 | 2023-03-04+ | SBAC | KOENIG JOSHUA | GC, Executive VP | M - OptEx | $0.00 | +656 | 6,274 | +12% | $0 |
| DM | 2023-03-07 | 2023-03-04+ | SBAC | KOENIG JOSHUA | GC, Executive VP | M - OptEx | — | -656 | 0 | -100% | — |
| DM | 2023-03-07 | 2023-03-06 | SBAC | KOENIG JOSHUA | GC, Executive VP | A - Grant | $0.00 | +5,895 | 1,965 | 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 | 2023-03-06 | F | D | 85.53 | $260.35 | 6,188.80 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 2 | Common | Class A Common Stock | 2023-03-06 | F | D | 79.18 | $260.35 | 6,456.31 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 3 | Common | Class A Common Stock | 2023-03-06 | M | A | 212 | $0.00 | 6,535.49 | D | — | — | (F4) On March 6, 2023, 212 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 4 | Common | Class A Common Stock | 2023-03-06 | F | D | 80.30 | $260.35 | 6,323.49 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 5 | Common | Class A Common Stock | 2023-03-04 | M | A | 215 | $0.00 | 6,403.80 | D | — | — | (F3) On March 4, 2023, 215 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 6 | Common | Class A Common Stock | 2023-03-04 | M | A | 229 | $0.00 | 6,274.33 | D | — | — | (F1) On March 4, 2023, 229 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
| 7 | Derivative | Restricted Stock Units | 2023-03-04 | M | D | 229 | — | 229 | D | — · — to — | 229 Class A Common Stock | (F1) On March 4, 2023, 229 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. (F8) These restricted stock units vest in accordance with the following schedule: 229 vest on the first through third anniversaries of the grant date (March 4, 2021). |
| 8 | Derivative | Restricted Stock Units | 2023-03-06 | A | A | 1,965 | $0.00 | 1,965 | D | — · — to — | 1,965 Class A Common Stock | (F6) 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: 655 vest on the first through third anniversaries of the grant date (March 6, 2023). |
| 9 | Derivative | Restricted Stock Units | 2023-03-04 | M | D | 215 | — | 431 | D | — · — to — | 215 Class A Common Stock | (F3) On March 4, 2023, 215 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. (F12) These restricted stock units vest in accordance with the following schedule: 215 vest on the first and second anniversaries of the grant date and 216 vest on the third anniversary of the grant date (March 4, 2022). |
| 10 | Derivative | Restricted Stock Units | 2023-03-06 | M | D | 212 | — | 0 | D | — · — to — | 212 Class A Common Stock | (F4) On March 6, 2023, 212 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. (F7) These restricted stock units vest in accordance with the following schedule: 212 vest on the first through fourth anniversaries of the grant date (March 6, 2019). |
| 11 | Derivative | Performance Restricted Stock Units | 2023-03-06 | A | A | 1,965 | $0.00 | 1,965 | D | — · — to — | 1,965 Class A Common Stock | (F9) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F16) These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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. |
| 12 | Derivative | Performance Restricted Stock Units | 2023-03-06 | A | A | 1,965 | $0.00 | 1,965 | D | — · — to — | 1,965 Class A Common Stock | (F9) 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 6, 2026, 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. |