0001181431-12-028533.txt : 20120508 0001181431-12-028533.hdr.sgml : 20120508 20120508190339 ACCESSION NUMBER: 0001181431-12-028533 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120504 FILED AS OF DATE: 20120508 DATE AS OF CHANGE: 20120508 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COCROFT DUNCAN CENTRAL INDEX KEY: 0001131765 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 12823181 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 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: 5900 BROKEN SOUND PARKWAY CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 5619957670 MAIL ADDRESS: STREET 1: 5900 BROKEN SOUND PARKWAY CITY: BOCA RATON STATE: FL ZIP: 33487 4 1 rrd343784.xml FORM 4 - VESTING OF RESTRICTED STOCK UNITS X0305 4 2012-05-04 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001131765 COCROFT DUNCAN C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY NW BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2012-05-04 4 M 0 615 A 56237 D Class A Common Stock 2012-05-06 4 M 0 622 A 56859 D Stock Options (Right to Buy) 26.36 2016-05-05 Class A Common Stock 10000 10000 D Stock Options (Right to Buy) 30.07 2014-05-17 Class A Common Stock 10000 10000 D Stock Options (Right to Buy) 34.49 2015-05-06 Class A Common Stock 9514 9514 D Stock Options (Right to Buy) 24.38 2016-05-07 Class A Common Stock 9374 9374 D Stock Options (Right to Buy) 32.81 2017-05-06 Class A Common Stock 2042 2042 D Restricted Stock Units 2012-05-06 4 M 0 622 D Class A Common Stock 622 622 D Stock Options (Right to Buy) 37.76 2018-05-04 Class A Common Stock 2015 2015 D Restricted Stock Units 2012-05-04 4 M 0 615 D Class A Common Stock 615 1230 D On May 4, 2012, 615 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. On May 6, 2012, 622 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. These options are immediately exercisable. These options vest in accordance with the following schedule: 680 vest on the earlier of May 6, 2011 or the day immediately prior to the 2011 annual meeting of shareholders; 681 vest on the earlier of May 6, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; and 681 vest on the earlier of May 6, 2013 or the day immediately prior to the 2013 annual meeting of shareholders. 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: 622 vest on the earlier of May 6, 2011 or the day immediately prior to the 2011 annual meeting of shareholders; 622 vest on the earlier of May 6, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; and 622 vest on the earlier of May 6, 2013 or the day immediately prior to the 2013 annual meeting of shareholders. These options vest in accordance with the following schedule: 672 vest on the earlier of May 4, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; 671 vest on the earlier of May 4, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; and 672 vest on the earlier of May 4, 2014 or the day immediately prior to the 2014 annual meeting of shareholders. These restricted stock units vest in accordance with the following schedule: 615 vest on the earlier of May 4, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; 615 vest on the earlier of May 4, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; and 615 vest on the earlier of May 4, 2014 or the day immediately prior to the 2014 annual meeting of shareholders. /s/ Joshua M. Koenig, Attorney-in-Fact 2012-05-08 EX-24.1 2 rrd308367_348575.htm POWER OF ATTORNEY rrd308367_348575.html 
POWER OF ATTORNEY

     	Know all by these presents, that the undersigned hereby constitutes and appoints each of Thomas P. Hunt
and Joshua Koenig, signing singly, the undersigned's true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity as a director of
SBA Communications Corporation (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the
Securities Exchange Act of 1934 and the rules thereunder;

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable
to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto,
and timely file such form with the United States Securities and Exchange Commission and any stock exchange or
similar authority; and

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such
attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power
 of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve
 in such attorney-in-fact's discretion.

    	The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any
and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if
personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by
virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor
is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934, as amended.

    	This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to
 file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the
 Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this
26th day of October, 2011.


/s/ Duncan H. Cocroft
Name: Duncan H. Cocroft