0001209191-24-000478.txt : 20240103 0001209191-24-000478.hdr.sgml : 20240103 20240103173053 ACCESSION NUMBER: 0001209191-24-000478 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231229 FILED AS OF DATE: 20240103 DATE AS OF CHANGE: 20240103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SILBERSTEIN JASON V CENTRAL INDEX KEY: 0001284848 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 24508339 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001034054 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction 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 2023-12-29 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001284848 SILBERSTEIN JASON V C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 EVP - Site Leasing 0 Class A Common Stock 2023-12-29 4 G 0 400 0.00 D 29508.389 D Stock Options (Right to Buy) 115.17 2024-03-06 Class A Common Stock 16465 16465 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 39918 39918 D Stock Options (Right to Buy) 182.30 2026-03-06 Class A Common Stock 44592 44592 D Restricted Stock Units Class A Common Stock 991 991 D Performance Restricted Stock Units Class A Common Stock 2973 2973 D Performance Restricted Stock Units Class A Common Stock 2973 2973 D Restricted Stock Units Class A Common Stock 1758 1758 D Performance Restricted Stock Units Class A Common Stock 2637 2637 D Performance Restricted Stock Units Class A Common Stock 2637 2637 D Restricted Stock Units Class A Common Stock 3104 3104 D Performance Restricted Stock Units Class A Common Stock 3104 3104 D Performance Restricted Stock Units Class A Common Stock 3104 3104 D The Reporting Person gifted these shares to a 501(c)(3) charitable fund in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended. These options are immediately 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: 991 vest on each of the first through third anniversaries of the grant date (March 4, 2021). Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, 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. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, 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. These restricted stock units vest in accordance with the following schedule: 879 vest on each of the first through third anniversaries of the grant date (March 4, 2022). 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. 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. 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 each of the second through fourth anniversaries of the grant date (March 6, 2023). 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. 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. /s/ Joshua Koenig, Attorney-in-Fact 2024-01-03