0001415889-24-007141.txt : 20240306 0001415889-24-007141.hdr.sgml : 20240306 20240306203015 ACCESSION NUMBER: 0001415889-24-007141 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240304 FILED AS OF DATE: 20240306 DATE AS OF CHANGE: 20240306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOENIG JOSHUA CENTRAL INDEX KEY: 0001957644 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 24727856 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORPORATION STREET 2: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 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 form4-03062024_080305.xml X0508 4 2024-03-04 0001034054 SBA COMMUNICATIONS CORP SBAC 0001957644 KOENIG JOSHUA C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 false true false false EXECUTIVE VP/GENERAL COUNSEL 0 Class A Common Stock 2024-03-04 4 M 0 229 0 A 5410.313 D Class A Common Stock 2024-03-04 4 F 0 90.111 208.29 D 5320.202 D Class A Common Stock 2024-03-04 4 M 0 1374 0 A 6694.202 D Class A Common Stock 2024-03-04 4 F 0 562.604 208.29 D 6131.598 D Class A Common Stock 2024-03-04 4 M 0 215 0 A 6346.598 D Class A Common Stock 2024-03-04 4 F 0 84.602 208.29 D 6261.996 D Stock Options (Right to Buy) 156.5 2025-03-06 Class A Common Stock 2724 2724 D Stock Options (Right to Buy) 182.3 2026-03-06 Class A Common Stock 9121 9121 D Restricted Stock Units 2024-03-04 4 M 0 229 0 D Class A Common Stock 229 0 D Performance Restricted Stock Units 2024-03-04 4 M 0 687 0 D Class A Common Stock 687 0 D Restricted Stock Units 2024-03-04 4 M 0 215 0 D Class A Common Stock 215 216 D Performance Restricted Stock Units Class A Common Stock 646 646 D Performance Restricted Stock Units Class A Common Stock 646 646 D Restricted Stock Units Class A Common Stock 1965 1965 D Performance Restricted Stock Units Class A Common Stock 1965 1965 D Performance Restricted Stock Units Class A Common Stock 1965 1965 D Shares withheld for payment of tax liability. As previously reported on a Form 4, the Reporting Person was awarded 687 performance restricted stock units (PSUs) on March 4, 2021 which were subject to increase or decrease based the results of the performance condition. On March 4, 2024, these PSUs vested at 200% of target based on the results of the performance condition, such that 1,374 shares of Class A Common Stock became issuable to the Reporting Person. These options are fully vested and 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: 229 vest on 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 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). 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 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 period. 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). These performance 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 period. These performance 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 period. /s/ Joshua Koenig 2024-03-06