Form 4 for SBAC SBA Communications
Accepted 2025-03-06 00:00:00 ET · period of report 2025-03-04 · accession 0001415889-25-007297 · 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 | 2025-03-06 | 2025-03-04 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | M - OptEx | $0.00 | +1,508 | 6,294 | +32% | $0 |
| DM | 2025-03-06 | 2025-03-04 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | F - Tax | $221.51 | -593.40 | 6,993 | -8% | -$131.4K |
| D | 2025-03-06 | 2025-03-04 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | D - Sale to Iss | $0.00 | -646 | 0 | -100% | $0 |
| DM | 2025-03-06 | 2025-03-04 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | M - OptEx | $0.00 | -862 | 0 | -100% | $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 | 2025-03-04 | M | A | 1,292 | $0.00 | 7,501.26 | D | — | — | (F2) These performance restricted stock units (PSUs) were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. These PSUs vested at 200% of target based on the results of the performance condition, such that 1,292 shares of Class A Common Stock vested. |
| 2 | Common | Class A Common Stock | 2025-03-04 | M | A | 216 | $0.00 | 6,294.25 | D | — | — | |
| 3 | Common | Class A Common Stock | 2025-03-04 | F | D | 85 | $221.51 | 6,209.26 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 4 | Common | Class A Common Stock | 2025-03-04 | F | D | 508.40 | $221.51 | 6,992.86 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 5 | Derivative | Performance Restricted Stock Units | 2025-03-04 | D | D | 646 | $0.00 | 0 | D | — · — to — | 646 Class A Common Stock | (F8) The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting was not met. (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F9) These performance stock units have a three-year performance period and to the extent earned vest on March 4, 2025. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition. |
| 6 | Derivative | Restricted Stock Units | 2025-03-04 | M | D | 216 | $0.00 | 0 | D | — · — to — | 216 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F5) 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). |
| 7 | Derivative | Performance Restricted Stock Units | 2025-03-04 | M | D | 646 | $0.00 | 0 | D | — · — to — | 646 Class A Common Stock | (F2) These performance restricted stock units (PSUs) were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. These PSUs vested at 200% of target based on the results of the performance condition, such that 1,292 shares of Class A Common Stock vested. (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F7) These performance restricted stock units have a three-year performance period and to the extent earned vest on March 4, 2025. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition. |