0001181431-11-056810.txt : 20111117 0001181431-11-056810.hdr.sgml : 20111117 20111117190219 ACCESSION NUMBER: 0001181431-11-056810 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111115 FILED AS OF DATE: 20111117 DATE AS OF CHANGE: 20111117 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STOOPS JEFFREY CENTRAL INDEX KEY: 0001106860 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 111214436 MAIL ADDRESS: STREET 1: SBA COMMUNICATIONS CORP STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR CITY: BOCA RATON STATE: FL ZIP: 33486 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 rrd326041.xml FORM 4 - SALE AND OPTION EXERCISE X0304 4 2011-11-15 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001106860 STOOPS JEFFREY C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY, NW BOCA RATON FL 33487 1 1 0 0 Chief Executive Officer & Pres Class A Common Stock 2011-11-15 4 S 0 100000 39.50 D 257303 D Class A Common Stock 2011-11-17 4 M 0 32068 8.56 A 289371 D Class A Common Stock 3950 I By Trust Class A Common Stock 3950 I By Trust Class A Common Stock 3950 I By Trust Class A Common Stock 3350 I By Trust Class A Common Stock 569863 I By Limited Partnership Stock Options (Right to Buy) 8.56 2011-11-17 4 M 0 32068 0 D 2015-02-01 Class A Common Stock 32068 0 D Stock Options (Right to Buy) 19.1 2016-01-19 Class A Common Stock 137265 137265 D Stock Options (Right to Buy) 28.54 2014-02-26 Class A Common Stock 142500 142500 D Stock Options (Right to Buy) 32.39 2015-02-28 Class A Common Stock 150000 150000 D Stock Options (Right to Buy) 19.68 2016-03-05 Class A Common Stock 194605 194605 D Stock Options (Right to Buy) 35.71 2017-03-04 Class A Common Stock 84598 84598 D Restricted Stock Units Class A Common Stock 14481 14481 D Stock Options (Right to Buy) 42.15 2018-03-04 Class A Common Stock 97483 97483 D Restricted Stock Units Class A Common Stock 22435 22435 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $39.35 to $39.65 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. Each of the four different trusts is for the benefit of one of the reporting person's four children. These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein. These options are immediately exercisable. These options vest in accordance with the following schedule: 37,500 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: 48,651 vest on each of the first through the third anniversaries of the grant date and 48,652 vest on the fourth anniversary of the grant date (March 5, 2009). These options vest in accordance with the following schedule: 21,149 vest on each of the first and the third anniversary of the grant date and 21,150 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: 4,827 vest on each of the first through the fourth anniversaries of the grant date (March 4, 2010). These options vest in accordance with the following schedule: 24,370 vest on the first anniversary of the grant date and 24,371 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: 5,608 vest on the first anniversary of the grant date and 5,609 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011). /s/ Joshua M. Koenig, Attorney-in-Fact 2011-11-17