STOOPS JEFFREY (Chief Executive Officer & Pres) exercised options at SBA COMMUNICATIONS CORP

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

M · 3 exercises

STOOPS JEFFREY

Filed: 3/6/2024ACC: 0001415889-24-007146

InsiderSTOOPS JEFFREYCIK 1106860

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

DirectorOfficer· Chief Executive Officer & Pres

Since Aug 2018

+531.48

Net shares

Net buyer

$2.00M

Total sold

Open market trades

0B · 0S

Total transactions

26.57K acquired · 26.04K disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

M · Option Exercise

+3.37K

Price / share

—

Trade value

—

% of position

2.4%

3/4/2024

140.18K→143.55K

Class A Common Stock

Direct

F · Tax Withholding

−1.25K

Price / share

$208.29

Trade value

$259.95K

% of position

0.9%

3/4/2024

143.55K→142.30K

Class A Common Stock

Direct

M · Option Exercise

+20.24K

Price / share

—

Trade value

—

% of position

14.2%

3/4/2024

142.30K→162.54K

Class A Common Stock

Direct

F · Tax Withholding

−7.24K

Price / share

$208.29

Trade value

$1.51M

% of position

4.5%

3/4/2024

162.54K→155.30K

Class A Common Stock

Direct

M · Option Exercise

+2.96K

Price / share

—

Trade value

—

% of position

1.9%

3/4/2024

155.30K→158.26K

Class A Common Stock

Direct

F · Tax Withholding

−1.10K

Price / share

$208.29

Trade value

$228.50K

% of position

0.7%

3/4/2024

158.26K→157.16K

Total

Net shares

+16.99K

Net value

-$2M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	3/4/2024	M · Option Exercise	+3.37K	—	—	2.4%	140.18K	143.55K
Class A Common Stock Direct	3/4/2024	F · Tax Withholding	−1.25K	$208.29	$259.95K	0.9%	143.55K	142.30K
Class A Common Stock Direct	3/4/2024	M · Option Exercise	+20.24K	—	—	14.2%	142.30K	162.54K
Class A Common Stock Direct	3/4/2024	F · Tax Withholding	−7.24K	$208.29	$1.51M	4.5%	162.54K	155.30K
Class A Common Stock Direct	3/4/2024	M · Option Exercise	+2.96K	—	—	1.9%	155.30K	158.26K
Class A Common Stock Direct	3/4/2024	F · Tax Withholding	−1.10K	$208.29	$228.50K	0.7%	158.26K	157.16K
Total			+16.99K		-$2M

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.37K shares

−3.37K

Strike price

Held after

0.00

Exercisable

—

3/4/2024

Performance Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

10.12K shares

−10.12K

Strike price

Held after

0.00

Exercisable

—

3/4/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.96K shares

−2.96K

Strike price

Held after

2.96K

Exercisable

—

3/4/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock3.37K shares	3/4/2024	M · Option Exercise	−3.37K	—	0.00
Performance Restricted Stock Units Direct	Class A Common Stock10.12K shares	3/4/2024	M · Option Exercise	−10.12K	—	0.00
Restricted Stock Units Direct	Class A Common Stock2.96K shares	3/4/2024	M · Option Exercise	−2.96K	—	2.96K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned259.86K

Total

259.86K indirect259.86K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	259.86K	Indirect
Total	259.86K	259.86K indirect

Derivative Holdings (Post-Transaction)7

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

10.40K

Shares owned

10.40K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

8.89K

Shares owned

8.89K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

8.89K

Shares owned

8.89K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

10.40K

Shares owned

10.40K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

10.40K

Shares owned

10.40K

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

137.60K

Shares owned

137.60K

Exercise price

156.50

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

149.45K

Shares owned

149.45K

Exercise price

182.30

Expiration

—

Exercise window

—

Total

Underlying

336.05K

Owned

336.05K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	8.89K	8.89K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	8.89K	8.89K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Stock Options (Right to Buy) Direct	Class A Common Stock	156.50	—	—	137.60K	137.60K
Stock Options (Right to Buy) Direct	Class A Common Stock	182.30	—	—	149.45K	149.45K
Total					336.05K	336.05K