0001209191-23-057798.txt : 20231207 0001209191-23-057798.hdr.sgml : 20231207 20231207183008 ACCESSION NUMBER: 0001209191-23-057798 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231205 FILED AS OF DATE: 20231207 DATE AS OF CHANGE: 20231207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERNSTEIN STEVEN E CENTRAL INDEX KEY: 0001089833 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 231473607 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORP STREET 2: ONE TOWN CENTER ROAD - THIRD FLOOR CITY: BOCO RATON STATE: FL ZIP: 83486 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001034054 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 650716501 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 5612269345 MAIL ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-12-05 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001089833 BERNSTEIN STEVEN E C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 1 Chairman 0 Class A Common Stock 2023-12-06 4 S 0 7300 253.8875 D 2902.9452 D Class A Common Stock 2023-12-05 4 S 0 45983 250.0988 D 56407 I See Footnote Class A Common Stock 2023-12-05 4 S 0 93 250.59 D 56314 I See Footnote Stock Options (Right to Buy) 132.00 2024-05-18 Class A Common Stock 1977 1977 D Stock Options (Right to Buy) 157.51 2025-05-17 Class A Common Stock 1411 1411 D Stock Options (Right to Buy) 212.31 2026-05-16 Class A Common Stock 1501 1501 D Restricted Stock Units Class A Common Stock 207 207 D Restricted Stock Units Class A Common Stock 350 350 D Restricted Stock Units Class A Common Stock 743 743 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $253.39 to $254.25 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. Includes .002 shares acquired through a dividend reinvestment plan. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $249.55 to $250.52 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. These shares are held by Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. These options are fully vested and exercisable. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These restricted stock units vest in accordance with the following schedule: 206 vested on May 1, 2022; 206 vested on May 1, 2023; and 207 vest on May 1, 2024. These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025. These restricted stock units vest in accordance with the following schedule: 247 vest on May 1, 2024; 248 vest on May 1, 2025; and 248 vest on May 1, 2026. /s/ Joshua Koenig, Attorney-in-Fact 2023-12-07