0001181431-12-060923.txt : 20121128 0001181431-12-060923.hdr.sgml : 20121128 20121128190033 ACCESSION NUMBER: 0001181431-12-060923 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121126 FILED AS OF DATE: 20121128 DATE AS OF CHANGE: 20121128 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: 121230100 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: 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 rrd361456.xml FORM 4 - OPTION EXERCISE AND SALE X0306 4 2012-11-26 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 2012-09-26 5 G 0 1000 0 D 295972 D Class A Common Stock 2012-11-26 4 S 0 64000 67.72 D 231972 D Class A Common Stock 2012-11-26 4 S 0 6000 68.26 D 225972 D Class A Common Stock 2012-11-27 4 M 0 37265 19.10 A 263237 D Class A Common Stock 2012-11-27 4 M 0 50000 28.54 A 313237 D Class A Common Stock 4500 I By Trust Class A Common Stock 4500 I By Trust Class A Common Stock 4500 I By Trust Class A Common Stock 3350 I By Trust Class A Common Stock 2012-11-26 4 S 0 50000 67.19 D 519863 I By Limited Partnership Stock Options (Right to Buy) 19.1 2012-11-27 4 M 0 37265 0 D 2016-01-19 Class A Common Stock 37265 0 D Stock Options (Right to Buy) 28.54 2012-11-27 4 M 0 50000 0 D 2014-02-26 Class A Common Stock 50000 88997 D Stock Options (Right to Buy) 32.39 2015-02-28 Class A Common Stock 146913 146913 D Stock Options (Right to Buy) 19.68 2016-03-05 Class A Common Stock 194604 194604 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 9654 9654 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 16827 16827 D Stock Options (Right to Buy) 47.52 2019-03-06 Class A Common Stock 106450 106450 D Restricted Stock Units Class A Common Stock 23541 23541 D The reporting person gifted these shares to a 501(c)(3) institution in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $67.14 to $68.13 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $68.14 to $68.39 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $67.03 to $67.38 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 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: 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). These options vest in accordance with the following schedule: 26,612 vest on each of the first and the third anniversary of the grant date and 26,613 vest on each of the second and the fourth anniversary of the grant date (March 6, 2012). These restricted stock units vest in accordance with the following schedule: 5,885 vest on each of the first through third anniversaries of the grant date and 5,886 vest on the fourth anniversary of the grant date (March 6, 2012). /s/ Joshua M. Koenig, Attorney-in-Fact 2012-11-28