0001181431-14-011371.txt : 20140306 0001181431-14-011371.hdr.sgml : 20140306 20140306185555 ACCESSION NUMBER: 0001181431-14-011371 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140304 FILED AS OF DATE: 20140306 DATE AS OF CHANGE: 20140306 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: 14674681 MAIL ADDRESS: STREET 1: SBA COMMUNICATIONS CORP STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR CITY: BOCA RATON STATE: FL ZIP: 33486 4 1 rrd404604.xml FORM 4 - OPTION AND RESTRICTED STOCK UNIT GRANT X0306 4 2014-03-04 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 2014-03-04 4 M 0 4827 A 280157 D Class A Common Stock 2014-03-04 4 M 0 5609 A 285766 D Class A Common Stock 2014-03-04 4 F 0 3898 95.18 D 281868 D Class A Common Stock 2014-03-06 4 M 0 5885 A 287753 D Class A Common Stock 2014-03-06 4 M 0 4754 A 292507 D Class A Common Stock 2014-03-06 4 F 0 3975 95.24 D 288532 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 2014-03-04 4 M 0 4827 D Class A Common Stock 4827 0 D Stock Options (Right to Buy) 42.15 2018-03-04 Class A Common Stock 97483 97483 D Restricted Stock Units 2014-03-04 4 M 0 5609 D Class A Common Stock 5609 5609 D Stock Options (Right to Buy) 47.52 2019-03-06 Class A Common Stock 106450 106450 D Restricted Stock Units 2014-03-06 4 M 0 5885 D Class A Common Stock 5885 11771 D Stock Options (Right to Buy) 72.99 2020-03-06 Class A Common Stock 145228 145228 D Restricted Stock Units 2014-03-06 4 M 0 4754 D Class A Common Stock 4754 14263 D Stock Options (Right to Buy) 95.53 2014-03-06 4 A 0 175529 0 A 2021-03-06 Class A Common Stock 175529 175529 D Restricted Stock Units 2014-03-06 4 A 0 17807 0 A Class A Common Stock 17807 17807 D On March 4, 2014, 4,827 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. On March 4, 2014, 5,609 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. Shares withheld for payment of tax liability. On March 6, 2014, 5,885 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. On March 6, 2014, 4,754 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. 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. 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 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 third anniversaries of the grant date and 26,613 vest on each of the second and fourth anniversaries (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 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). These options vest in accordance with the following schedule: 43,882 vest on each of the first through third anniversaries of the grant date and 43,883 vest on the fourth anniversary of the grant date (March 6, 2014). These restricted stock units vest in accordance with the following schedule: 4,451 vest on the first anniversary of the grant date and 4,452 on each of the second through fourth anniversaries of the grant date (March 6, 2014). /s/ Joshua M. Koenig, Attorney-in-Fact 2014-03-06