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