0001181431-14-010743.txt : 20140304
0001181431-14-010743.hdr.sgml : 20140304
20140304184218
ACCESSION NUMBER: 0001181431-14-010743
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140228
FILED AS OF DATE: 20140304
DATE AS OF CHANGE: 20140304
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
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: 14666697
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR
CITY: BOCA RATON
STATE: FL
ZIP: 33486
4
1
rrd404237.xml
FORM 4 - SALE
X0306
4
2014-02-28
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
2014-02-28
4
S
0
74165
95.40
D
301165
D
Class A Common Stock
2014-02-28
4
S
0
25835
96.12
D
275330
D
Class A Common Stock
5175
I
By Trust
Class A Common Stock
5175
I
By Trust
Class A Common Stock
5175
I
By Trust
Class A Common Stock
3950
I
By Trust
Class A Common Stock
569863
I
By Limited Partnership
Stock Options (Right to Buy)
32.39
2015-02-28
Class A Common Stock
146913
146913
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
4827
4827
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
11218
11218
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
17656
17656
D
Stock Options (Right to Buy)
72.99
2020-03-06
Class A Common Stock
145228
145228
D
Restricted Stock Units
Class A Common Stock
19017
19017
D
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $95.00 to $95.99 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.
Includes 263 shares acquired on February 28, 2014 pursuant to the SBA Communications Corporation 2008 Employee Stock Purchase Plan.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $96.00 to $96.38 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.
Each of the four different trusts is for the benefit of one of the Reporting Person's four children.
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: 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).
These options vest in accordance with the following schedule: 36,307 vest on each of the first through the fourth anniversaries of the grant date (March 6, 2013).
These restricted stock units vest in accordance with the following schedule: 4,754 vest on each of the first through third anniversaries of the grant date and 4,755 vest on the fourth anniversary of the grant date (March 6, 2013).
/s/ Joshua M. Koenig, Attorney-in-Fact
2014-03-04