0001181431-12-046395.txt : 20120817 0001181431-12-046395.hdr.sgml : 20120817 20120817170806 ACCESSION NUMBER: 0001181431-12-046395 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: CARR BRIAN C CENTRAL INDEX KEY: 0001287502 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 121043216 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 rrd353691.xml FORM 4 - OPTION EXERCISE AND SALE X0306 4 2012-08-15 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001287502 CARR BRIAN C C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY N.W. BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2012-08-15 4 M 0 9514 34.49 A 11155 D Class A Common Stock 2012-08-15 4 M 0 6249 24.38 A 17404 D Class A Common Stock 2012-08-15 4 S 0 15763 60.97 D 1641 D Stock Options (Right to Buy) 34.49 2012-08-15 4 M 0 9514 0 D 2015-05-06 Class A Common Stock 9514 0 D Stock Options (Right to Buy) 24.38 2012-08-15 4 M 0 6249 0 D 2016-05-07 Class A Common Stock 6249 0 D Stock Options (Right to Buy) 32.81 2017-05-06 Class A Common Stock 2042 2042 D Restricted Stock Units 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 Class A Common Stock 1230 1230 D Stock Options (Right to Buy) 50.35 2019-05-17 Class A Common Stock 1643 1643 D Restricted Stock Units Class A Common Stock 1449 1449 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $60.50 to $61.34 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: 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. These options vest in accordance with the following schedule: 548 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 547 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 548 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders. These restricted stock units vest in accordance with the following schedule: 483 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 483 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 483 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders. /s/ Joshua M. Koenig, Attorney-in-Fact 2012-08-17