0001181431-12-064899.txt : 20121214 0001181431-12-064899.hdr.sgml : 20121214 20121214182906 ACCESSION NUMBER: 0001181431-12-064899 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121212 FILED AS OF DATE: 20121214 DATE AS OF CHANGE: 20121214 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: 121266903 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 rrd363428.xml FORM 4 - OPTION EXERCISE AND SALE X0306 4 2012-12-12 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 2012-12-12 4 M 0 44413 32.39 A 54124 D Class A Common Stock 2012-12-12 4 S 0 44413 69.28 D 9711 D Stock Options (Right to Buy) 32.39 2012-12-12 4 M 0 44413 0 D 2015-02-28 Class A Common Stock 44413 0 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 $69.26 to $69.34 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: 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 2012-12-14