Form 4 for SBAC SBA Communications
Accepted 2024-03-08 00:00:00 ET · period of report 2024-03-06 · accession 0001415889-24-007433 · 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 | 2024-03-08 | 2024-03-06 | SBAC | SILBERSTEIN JASON V | EVP - SITE LEASING | M - OptEx | $108.36 | +17.5K | 43.8K | +66% | +$1.90M |
| DM | 2024-03-08 | 2024-03-06 | SBAC | SILBERSTEIN JASON V | EVP - SITE LEASING | F - Tax | $216.50 | -9,049 | 43.4K | -17% | -$1.96M |
| DM | 2024-03-08 | 2024-03-06 | SBAC | SILBERSTEIN JASON V | EVP - SITE LEASING | M - OptEx | $0.00 | -17.5K | 2,070 | -89% | $0 |
| DM | 2024-03-08 | 2024-03-06 | SBAC | SILBERSTEIN JASON V | EVP - SITE LEASING | A - Grant | $0.00 | +12.0K | 5,994 | 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 | 2024-03-06 | M | A | 16,465 | $115.17 | 51,460.10 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-03-06 | F | D | 8,666 | $216.50 | 42,794.10 | D | — | — | (F1) Shares withheld for payment of tax liability and exercise price. |
| 3 | Common | Class A Common Stock | 2024-03-06 | M | A | 1,034 | $0.00 | 43,828.10 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-03-06 | F | D | 382.58 | $216.50 | 43,445.52 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 5 | Derivative | Stock Options (Right to Buy) | 2024-03-06 | M | D | 16,465 | $0.00 | 0 | D | $115.17 · — to 2024-03-06 | 16,465 Class A Common Stock | (F3) These options are fully vested and exercisable. |
| 6 | Derivative | Restricted Stock Units | 2024-03-06 | M | D | 1,034 | $0.00 | 2,070 | D | — · — to — | 1,034 Class A Common Stock | (F4) 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: 1,034 vest on the first anniversary of the grant date and 1,035 vest on the second and third anniversaries of the grant date (March 6, 2023). |
| 7 | Derivative | Restricted Stock Units | 2024-03-06 | A | A | 5,993 | $0.00 | 5,933 | D | — · — to — | 5,993 Class A Common Stock | (F4) 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: 1,997 vest on the first anniversary and 1,998 on the second and third anniversaries of the grant date (March 6, 2024). |
| 8 | Derivative | Performance Restricted Stock Units | 2024-03-06 | A | A | 5,994 | $0.00 | 5,994 | D | — · — to — | 5,994 Class A Common Stock | (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F13) These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. 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 decrease or increase (up to 200%) based on the results of the performance conditions. |