0001181431-11-016648.txt : 20110308
0001181431-11-016648.hdr.sgml : 20110308
20110308194436
ACCESSION NUMBER: 0001181431-11-016648
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: SILBERSTEIN JASON V
CENTRAL INDEX KEY: 0001284848
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30110
FILM NUMBER: 11673374
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
rrd304284.xml
FORM 4 - OPTION AND RESTRICTED STOCK UNIT GRANT
X0303
4
2011-03-04
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001284848
SILBERSTEIN JASON V
C/O SBA COMMUNICATIONS CORPORATION
5900 BROKEN SOUND PARKWAY N.W.
BOCA RATON
FL
33487
0
1
0
0
SVP - Property Management
Class A Common Stock
2011-03-04
4
M
0
1560
A
1560
D
Class A Common Stock
2011-03-04
4
F
0
538
42.00
D
1022
D
Stock Options (Right to Buy)
28.54
2014-02-26
Class A Common Stock
41000
41000
D
Stock Options (Right to Buy)
32.39
2015-02-28
Class A Common Stock
47500
47500
D
Stock Options (Right to Buy)
19.68
2016-03-05
Class A Common Stock
61628
61628
D
Stock Options (Right to Buy)
35.71
2017-03-04
Class A Common Stock
27357
27357
D
Restricted Stock Units
2011-03-04
4
M
0
1560
D
Class A Common Stock
1560
4683
D
Stock Options (Right to Buy)
42.15
2011-03-04
4
A
0
26111
0
A
2018-03-04
Class A Common Stock
26111
26111
D
Restricted Stock Units
2011-03-04
4
A
0
6009
0
A
Class A Common Stock
6009
6009
D
On March 4, 2011, 1,560 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Shares withheld for payment of tax liability.
These options are immediately exercisable.
These options vest in accordance with the following schedule: 11,875 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: 15,407 vest on each of the first through fourth anniversaries of the grant date (March 5, 2009).
These options vest in accordance with the following schedule: 6,839 vest on each of the first through the third anniversaries of the grant date and 6,840 vest on 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: 1,560 vest on the first anniversary of the grant date and 1,561 vest on each of the second through the fourth anniversaries of the grant date (March 4, 2010).
These options vest in accordance with the following schedule: 6,527 vest on the first anniversary of the grant date and 6,528 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: 1,502 vest on each of the first through third anniversaries of the grant date and 1,503 vest on the fourth anniversary of the grant date (March 4, 2011).
/s/ Jason V. Silberstein
2011-03-08