SILBERSTEIN JASON V (EVP - Site Leasing) exercised options at SBA COMMUNICATIONS CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

SILBERSTEIN JASON V

Filed: 3/8/2024ACC: 0001415889-24-007433

InsiderSILBERSTEIN JASON VCIK 1284848

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IssuerSBA COMMUNICATIONS CORPCIK 1034054

Officer· EVP - Site Leasing

Since Sep 2018

+2.94K

Net shares

Net buyer

$1.96M

Total sold

Open market trades

0B · 0S

Total transactions

29.49K acquired · 26.55K disposed

Non-Derivative Transactions4

Class A Common Stock

Direct

M · Option Exercise

+16.46K

Price / share

$115.17

Trade value

$1.90M

% of position

47.0%

3/6/2024

35K→51.46K

Class A Common Stock

Direct

F · Tax Withholding

−8.67K

Price / share

$216.50

Trade value

$1.88M

% of position

16.8%

3/6/2024

51.46K→42.79K

Class A Common Stock

Direct

M · Option Exercise

+1.03K

Price / share

—

Trade value

—

% of position

2.4%

3/6/2024

42.79K→43.83K

Class A Common Stock

Direct

F · Tax Withholding

−382.58

Price / share

$216.50

Trade value

$82.83K

% of position

0.9%

3/6/2024

43.83K→43.45K

Total

Net shares

+8.45K

Net value

-$62.74K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	3/6/2024	M · Option Exercise	+16.46K	$115.17	$1.90M	47.0%	35K	51.46K
Class A Common Stock Direct	3/6/2024	F · Tax Withholding	−8.67K	$216.50	$1.88M	16.8%	51.46K	42.79K
Class A Common Stock Direct	3/6/2024	M · Option Exercise	+1.03K	—	—	2.4%	42.79K	43.83K
Class A Common Stock Direct	3/6/2024	F · Tax Withholding	−382.58	$216.50	$82.83K	0.9%	43.83K	43.45K
Total			+8.45K		-$62.74K

Derivative Transactions4

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

16.46K shares

−16.46K

Strike price

115.17

Held after

0.00

Exercisable

—

3/6/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

1.03K shares

−1.03K

Strike price

Held after

2.07K

Exercisable

—

3/6/2024

Restricted Stock Units

Direct

A · Award

Converts to

Class A Common Stock

5.99K shares

+5.99K

Strike price

Held after

5.93K

Exercisable

—

3/6/2024

Performance Restricted Stock Units

Direct

A · Award

Converts to

Class A Common Stock

5.99K shares

+5.99K

Strike price

Held after

5.99K

Exercisable

—

3/6/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Class A Common Stock16.46K shares	3/6/2024	M · Option Exercise	−16.46K	115.17	—	0.00
Restricted Stock Units Direct	Class A Common Stock1.03K shares	3/6/2024	M · Option Exercise	−1.03K		—	2.07K
Restricted Stock Units Direct	Class A Common Stock5.99K shares	3/6/2024	A · Award	+5.99K		—	5.93K
Performance Restricted Stock Units Direct	Class A Common Stock5.99K shares	3/6/2024	A · Award	+5.99K		—	5.99K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)7

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

44.59K

Shares owned

44.59K

Exercise price

182.30

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

39.92K

Shares owned

39.92K

Exercise price

156.50

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.10K

Shares owned

3.10K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.64K

Shares owned

2.64K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.64K

Shares owned

2.64K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

879.00

Shares owned

879.00

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

3.10K

Shares owned

3.10K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

96.87K

Owned

96.87K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (Right to Buy) Direct	Class A Common Stock	182.30	—	—	44.59K	44.59K
Stock Options (Right to Buy) Direct	Class A Common Stock	156.50	—	—	39.92K	39.92K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	3.10K	3.10K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	2.64K	2.64K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	2.64K	2.64K
Restricted Stock Units Direct	Class A Common Stock		—	—	879.00	879.00
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	3.10K	3.10K
Total					96.87K	96.87K