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