0001181431-11-016649.txt : 20110308 0001181431-11-016649.hdr.sgml : 20110308 20110308194711 ACCESSION NUMBER: 0001181431-11-016649 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: Cavanagh Brendan Thomas CENTRAL INDEX KEY: 0001293293 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 11673380 MAIL ADDRESS: STREET 1: 5900 BROKEN SOUND PARKWAY, NW CITY: BOCA RATON STATE: FL ZIP: 33487-2797 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 rrd304277.xml FORM 4 - OPTION AND RESTRICTED STOCK UNIT GRANT X0303 4 2011-03-04 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001293293 Cavanagh Brendan Thomas C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 0 1 0 0 Senior Vice President & CFO Class A Common Stock 2011-03-04 4 M 0 1621 A 20786 D Class A Common Stock 2011-03-04 4 F 0 591 42.00 D 20195 D Stock Options (Right to Buy) 8.56 2015-02-01 Class A Common Stock 4474 4474 D Stock Options (Right to Buy) 19.1 2016-01-19 Class A Common Stock 35000 35000 D Stock Options (Right to Buy) 28.54 2014-02-26 Class A Common Stock 35000 35000 D Stock Options (Right to Buy) 32.39 2015-02-28 Class A Common Stock 40000 40000 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 28409 28409 D Restricted Stock Units 2011-03-04 4 M 0 1621 D Class A Common Stock 1621 4863 D Stock Options (Right to Buy) 42.15 2011-03-04 4 A 0 29593 0 A 2018-03-04 Class A Common Stock 29593 29593 D Restricted Stock Units 2011-03-04 4 A 0 6810 0 A Class A Common Stock 6810 6810 D On March 4, 2011, 1,621 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: 10,000 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: 7,102 vest on each of the first through the third anniversaries of the grant date and 7,103 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: 1,621 vest on each of the first through fourth anniversaries of the grant date (March 4, 2010). These options vest in accordance with the following schedule: 7,398 vest on each of the first through third anniversaries of the grant date and 7,399 vest on the fourth anniversary of the grant date (March 4, 2011). These restricted stock units vest in accordance with the following schedule: 1,702 vest on each of the first and third anniversary of the grant date and 1,703 vest on each of the second and fourth anniversary of the grant date (March 4, 2011). /s/ Brendan T. Cavanagh 2011-03-08