SEC Form 4 · accession 0001209191-19-017846
SBA COMMUNICATIONS CORP · SBAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dipan D Patel
Officer — EVP Tech., Strat. & New Bus.
Period of report
Mar 6, 2019
Accepted (ET)
Mar 7, 2019 · 5:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001034054
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $182.30 | Mar 6, 2019 | A | 20,269 | A | — | Mar 6, 2026 | Class A Common Stock | 20,269 | 20,269 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 6, 2019 | A | 1,885 | A | — | — | Class A Common Stock | 1,885 | 1,885 | D |
Explanation of responses
- F1These options vest in accordance with the following schedule: 5,067 vest on each of the first through third anniversaries of the grant date and 5,068 vest on the fourth anniversary of the grant date (March 6, 2019).
- F2Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F3These restricted stock units vest in accordance with the following schedule: 471 vest on each of the first through third anniversaries of the grant date and 472 vest on the fourth anniversary of the grant date (March 6, 2019).