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