0001181431-12-058368.txt : 20121113 0001181431-12-058368.hdr.sgml : 20121112 20121113182916 ACCESSION NUMBER: 0001181431-12-058368 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121109 FILED AS OF DATE: 20121113 DATE AS OF CHANGE: 20121113 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Krouse George R Jr CENTRAL INDEX KEY: 0001473955 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 121200343 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORPORATION STREET 2: 5900 BROKEN SOUND PARKWAY, NW 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: 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 rrd360118.xml FORM 4 - OPTION EXERCISE AND SALE X0306 4 2012-11-09 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001473955 Krouse George R Jr C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY, NW BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2012-11-09 4 M 0 5000 28.86 A 9537 D Class A Common Stock 2012-11-09 4 M 0 681 32.81 A 10218 D Class A Common Stock 2012-11-09 4 M 0 672 37.76 A 10890 D Class A Common Stock 2012-11-09 4 F 0 3440 67.23 D 7450 D Class A Common Stock 2012-11-09 4 F 0 465 67.48 D 6985 D Class A Common Stock 2012-11-09 4 S 0 1000 66.80 D 0 I See footnote Stock Options (Right to Buy) 28.86 2012-11-09 4 M 0 5000 0 D 2019-10-28 Class A Common Stock 5000 10000 D Stock Options (Right to Buy) 32.81 2012-11-09 4 M 0 681 0 D 2017-05-06 Class A Common Stock 681 681 D Restricted Stock Units Class A Common Stock 622 622 D Stock Options (Right to Buy) 37.76 2012-11-09 4 M 0 672 0 D 2018-05-04 Class A Common Stock 672 1343 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 Shares withheld for payment of tax liability and option exercise price. These shares are held by the Susan N. Krouse Trust, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. These options vest in accordance with the following schedule: 5,000 vest on each of the first through fifth anniversaries of the grant date (October 28, 2009). 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 2012-11-12