0001415889-24-007424.txt : 20240308 0001415889-24-007424.hdr.sgml : 20240308 20240308183028 ACCESSION NUMBER: 0001415889-24-007424 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240306 FILED AS OF DATE: 20240308 DATE AS OF CHANGE: 20240308 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: 24736069 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 form4-03082024_060314.xml X0508 4 2024-03-06 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 2024-03-06 4 M 0 655 0 A 6916.996 D Class A Common Stock 2024-03-06 4 F 0 257.742 216.50 D 6659.254 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 Class A Common Stock 216 216 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 2024-03-06 4 M 0 655 0 D Class A Common Stock 655 1310 D Performance Restricted Stock Units Class A Common Stock 1965 1965 D Performance Restricted Stock Units Class A Common Stock 1965 1965 D Restricted Stock Units 2024-03-06 4 A 0 4440 0 A Class A Common Stock 4440 4440 D Performance Restricted Stock Units 2024-03-06 4 A 0 4440 0 A Class A Common Stock 4440 4440 D Shares withheld for the payment of tax liability. 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: 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). 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 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 (up to 200%) or decrease based on the results of the performance conditions. These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions. 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 restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions. These performance restricted stock units have a three-year performance period and to the extent earned will vest 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 (up to 200%) or decrease based on the results of the performance conditions. These restricted stock units vest in accordance with the following schedule: 1,480 vest on the first through third anniversaries of the grant date (March 6, 2024). These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. 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 decrease or increase (up to 200%) based on the results of the performance conditions. /s/ Joshua Koenig 2024-03-08