0001181431-12-046394.txt : 20120817
0001181431-12-046394.hdr.sgml : 20120817
20120817170739
ACCESSION NUMBER: 0001181431-12-046394
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120815
FILED AS OF DATE: 20120817
DATE AS OF CHANGE: 20120817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SILBERSTEIN JASON V
CENTRAL INDEX KEY: 0001284848
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30110
FILM NUMBER: 121043212
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
rrd353703.xml
FORM 4 - OPTION EXERCISE AND SALE
X0306
4
2012-08-15
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001284848
SILBERSTEIN JASON V
C/O SBA COMMUNICATIONS CORPORATION
5900 BROKEN SOUND PARKWAY N.W.
BOCA RATON
FL
33487
0
1
0
0
SVP - Property Management
Class A Common Stock
2012-08-15
4
M
0
37497
28.54
A
40618
D
Class A Common Stock
2012-08-15
4
S
0
37497
61.31
D
3121
D
Stock Options (Right to Buy)
28.54
2012-08-15
4
M
0
37497
0
D
2014-02-26
Class A Common Stock
37497
3503
D
Stock Options (Right to Buy)
32.39
2015-02-28
Class A Common Stock
47500
47500
D
Stock Options (Right to Buy)
19.68
2016-03-05
Class A Common Stock
15407
15407
D
Stock Options (Right to Buy)
35.71
2017-03-04
Class A Common Stock
27357
27357
D
Restricted Stock Units
Class A Common Stock
3122
3122
D
Stock Options (Right to Buy)
42.15
2018-03-04
Class A Common Stock
26111
26111
D
Restricted Stock Units
Class A Common Stock
4507
4507
D
Stock Options (Right to Buy)
47.52
2019-03-06
Class A Common Stock
27444
27444
D
Restricted Stock Units
Class A Common Stock
6069
6069
D
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $61.25 to $61.40 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: 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: 6,839 vest on each of the first through the third anniversaries of the grant date and 6,840 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: 1,560 vest on the first anniversary of the grant date and 1,561 vest on each of the second through the fourth anniversaries of the grant date (March 4, 2010).
These options vest in accordance with the following schedule: 6,527 vest on the first anniversary of the grant date and 6,528 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: 1,502 vest on each of the first through third anniversaries of the grant date and 1,503 vest on the fourth anniversary of the grant date (March 4, 2011).
These options vest in accordance with the following schedule: 6,861 vest on each of the first through fourth anniversaries of the grant date (March 6, 2012).
These restricted stock units vest in accordance with the following schedule: 1,517 vest on each of the first through third anniversaries of the grant date and 1,518 vest on the fourth anniversary of the grant date (March 6, 2012).
/s/ Joshua M. Koenig, Attorney-in-Fact
2012-08-17