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