0001181431-11-016643.txt : 20110308
0001181431-11-016643.hdr.sgml : 20110308
20110308193811
ACCESSION NUMBER: 0001181431-11-016643
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110304
FILED AS OF DATE: 20110308
DATE AS OF CHANGE: 20110308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STOOPS JEFFREY
CENTRAL INDEX KEY: 0001106860
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30110
FILM NUMBER: 11673358
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR
CITY: BOCA RATON
STATE: FL
ZIP: 33486
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP
CENTRAL INDEX KEY: 0001034054
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
IRS NUMBER: 650716501
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE TOWN CENTER RD
STREET 2: THIRD FLOOR
CITY: BOCA RATON
STATE: FL
ZIP: 33486
BUSINESS PHONE: 5619957670
MAIL ADDRESS:
STREET 1: ONE TOWN CENTER RD
STREET 2: THIRD FLOOR
CITY: BOCA RATON
STATE: FL
ZIP: 33486
4
1
rrd304308.xml
FORM 4 - OPTION AND RESTRICTED STOCK UNIT GRANT
X0303
4
2011-03-04
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001106860
STOOPS JEFFREY
C/O SBA COMMUNICATIONS CORPORATION
5900 BROKEN SOUND PARKWAY, NW
BOCA RATON
FL
33487
1
1
0
0
Chief Executive Officer & Pres
Class A Common Stock
2011-03-04
4
M
0
4827
A
395661
D
Class A Common Stock
3950
I
By Trust
Class A Common Stock
3950
I
By Trust
Class A Common Stock
3950
I
By Trust
Class A Common Stock
3350
I
By Trust
Class A Common Stock
569863
I
By Limited Partnership
Stock Options (Right to Buy)
8.56
2015-02-01
Class A Common Stock
43750
43750
D
Stock Options (Right to Buy)
19.1
2016-01-19
Class A Common Stock
142500
142500
D
Stock Options (Right to Buy)
28.54
2014-02-26
Class A Common Stock
142500
142500
D
Stock Options (Right to Buy)
32.39
2015-02-28
Class A Common Stock
150000
150000
D
Stock Options (Right to Buy)
19.68
2016-03-05
Class A Common Stock
194605
194605
D
Stock Options (Right to Buy)
35.71
2017-03-04
Class A Common Stock
84598
84598
D
Restricted Stock Units
2011-03-04
4
M
0
4827
D
Class A Common Stock
4827
14481
D
Stock Options (Right to Buy)
42.15
2011-03-04
4
A
0
97483
0
A
2018-03-04
Class A Common Stock
97483
97483
D
Restricted Stock Units
2011-03-04
4
A
0
22435
0
A
Class A Common Stock
22435
22435
D
On March 4, 2011, 4,827 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Includes 590 shares acquired on February 28, 2011 pursuant to the SBA Communications Corporation 2008 Employee Stock Purchase Plan.
Each of the four different trusts is for the benefit of one of the reporting person's four children.
These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.
These options are immediately exercisable.
These options vest in accordance with the following schedule: 37,500 vest on each of the first through fourth anniversaries of the grant date (February 28, 2008).
These options vest in accordance with the following schedule: 48,651 vest on each of the first through the third anniversaries of the grant date and 48,652 vest on the fourth anniversary of the grant date (March 5, 2009).
These options vest in accordance with the following schedule: 21,149 vest on each of the first and the third anniversary of the grant date and 21,150 vest on each of the second and the fourth anniversary of the grant date (March 4, 2010).
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
These restricted stock units vest in accordance with the following schedule: 4,827 vest on each of the first through the fourth anniversaries of the grant date (March 4, 2010).
These options vest in accordance with the following schedule: 24,370 vest on the first anniversary of the grant date and 24,371 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011).
These restricted stock units vest in accordance with the following schedule: 5,608 vest on the first anniversary of the grant date and 5,609 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011).
/s/ Thomas P. Hunt, Attorney-in-Fact
2011-03-08