0001181431-11-040807.txt : 20110708
0001181431-11-040807.hdr.sgml : 20110708
20110708190708
ACCESSION NUMBER: 0001181431-11-040807
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110707
FILED AS OF DATE: 20110708
DATE AS OF CHANGE: 20110708
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BAGWELL KURT L
CENTRAL INDEX KEY: 0001175022
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30110
FILM NUMBER: 11960358
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: 5900 BROKEN SOUND PKWY
CITY: BOCA RATON
STATE: FL
ZIP: 33487
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
rrd317532.xml
FORM 4 - OPTION EXERCISE AND SALE
X0303
4
2011-07-07
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001175022
BAGWELL KURT L
C/O SBA COMMUNICATIONS CORPORATION
5900 BROKEN SOUND PARKWAY, NW
BOCA RATON
FL
33487
0
1
0
0
President - International
Class A Common Stock
2011-07-07
4
M
0
5095
28.54
A
121547
D
Class A Common Stock
2011-07-07
4
M
0
1
19.68
A
121548
D
Class A Common Stock
2011-07-07
4
S
0
25629
40.00
D
95919
D
Stock Options (Right to Buy)
28.54
2011-07-07
4
M
0
5095
0
D
2014-02-26
Class A Common Stock
5095
49905
D
Stock Options (Right to Buy)
32.39
2015-02-28
Class A Common Stock
65000
65000
D
Stock Options (Right to Buy)
19.68
2011-07-07
4
M
0
1
0
D
2016-03-05
Class A Common Stock
1
63248
D
Stock Options (Right to Buy)
35.71
2017-03-04
Class A Common Stock
39142
39142
D
Restricted Stock Units
Class A Common Stock
6700
6700
D
Stock Options (Right to Buy)
42.15
2018-03-04
Class A Common Stock
43519
43519
D
Restricted Stock Units
Class A Common Stock
10016
10016
D
The sale occurred pursuant to an existing Rule 10b5-1 plan adopted by the Reporting Person.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $40.00 to $40.03 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
These options are immediately exercisable.
These options vest in accordance with the following schedule: 16,250 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: 21,083 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: 9,785 vest on each of the first and the third anniversary of the grant date and 9,786 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: 2,233 vest on each of the first through the third anniversaries of the grant date and 2,234 vest on the fourth anniversary of the grant date (March 4, 2010).
These options vest in accordance with the following schedule: 10,879 vest on the first anniversary of the grant date and 10,880 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: 2,504 vest on each of the first through fourth anniversaries of the grant date (March 4, 2011).
/s/ Kurt L. Bagwell
2011-07-08