Company: SBAC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001193125-25-074669
Chunk: 60

Company: SBA COMMUNICATIONS CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 60
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 |      |                          | $2,150,000 |     |      |                              |  2,863 |     |              |     |   954 |     |   954 |     |                     |  4,772 |
| Richard M. Cane         |      |                          | $2,085,000 |     |      |                              |  2,777 |     |              |     |   926 |     |   926 |     |                     |  4,628 |
| Joshua M. Koenig        |      |                          | $2,000,000 |     |      |                              |  2,664 |     |              |     |   888 |     |   888 |     |                     |  4,440 |
| Jason V. Silberstein(2) |      |                          | $2,700,000 |     |      |                              |  3,596 |     |              |     | 1,199 |     | 1,199 |     |                     |  5,993 |

| (1) | Performance RSUs are awarded at target, but can be forfeited, earned partially or earned at up to 200% based on the AFFO and ROIC generated and the performance of our relative TSR, in each case over the three-year period. |

| (2) | In accordance with our Retirement Policy, a pro-rata portion of these Time RSUs and Performance RSUs were retained upon Mr. Silberstein’s retirement and the remainder were forfeited. |

48 SBA Communications Corporation | 2025 Proxy Statement

| Proxy Summary |     | Proposal 1 |     | Corporate Governance |     | Executive Officers |     | Executive Compensation |     | Security Ownership |     | Proposal 2 |     | Proposal 3 |     | Other Compensation Disclosures |     | Q&A About Voting |     | Other   
 Matters |
|               |     |            |     |                      |     |                    |     | ●                      |     |                    |     |            |     |            |     |                                |     |                  |     |         |

The Performance RSUs and the Time RSUs were granted on March 6, 2024, with the three-year performance period for the Performance RSUs commencing on January 1, 2024. The actual grant date value of the restricted stock units granted to our NEOs is set forth under “Stock Awards” on the