Company: SBAC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001193125-25-074669
Chunk: 78

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 78
---
 power of such shares. Mr. Langer disclaims beneficial ownership of the securities held by the trust, except to the extent of his pecuniary interest therein. |

| (10) | This number includes 2,550 shares of Class A common stock issuable pursuant to restricted stock units that vest within 60 days after March 21, 2025. |

| (11) | This number includes 55,741 shares of Class A common stock issuable pursuant to options that are exercisable within 60 days after March 21, 2025. This number also includes 19,055 shares of Class A common stock held by Cavanagh Investments, LLC (“CI LLC”) and 14,254 shares of Class A common stock held by Eagle SC LLC (“Eagle LLC”). Mr. Cavanagh and his spouse share voting power with respect to these shares. Mr. Cavanagh is the manager of CI LLC and a trust for the benefit of Mr. Cavanagh’s spouse owns all of the equity interests in CI LLC. Mr. Cavanagh disclaims beneficial ownership of the shares owned by CI LLC, except to the extent of his pecuniary interest therein. A trust for the benefit of Mr. Cavanagh owns 95.646% of Eagle LLC, and Mr. Cavanagh is the trustee of the trust. Mr. Cavanagh’s spouse is the manager of Eagle LLC. |

| (12) | This number includes 9,121 shares of Class A common stock issuable pursuant to options that are exercisable within 60 days after March 21, 2025. |

| (13) | This number includes 246,537 shares of Class A common stock issuable pursuant to options that are exercisable or restricted stock units that vest within 60 days after March 21, 2025. |

| (14) | According to the Schedule 13G filed on February 5, 2025, by BlackRock, Inc. (“BlackRock”), of the 10,119,014 shares of SBA’s Class A common stock beneficially owned, BlackRock has (a) sole voting power with respect to 9,190,611 shares, and (b) sole investment power with respect to all 10,119,014 shares. The principal business address of BlackRock is 50 Hudson Yards, New York, New York 10001. |

| (15) | According to the Schedule 13G (Amendment No