0001181431-14-011733.txt : 20140307 0001181431-14-011733.hdr.sgml : 20140307 20140307190228 ACCESSION NUMBER: 0001181431-14-011733 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140307 FILED AS OF DATE: 20140307 DATE AS OF CHANGE: 20140307 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: BAGWELL KURT L CENTRAL INDEX KEY: 0001175022 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 14678831 MAIL ADDRESS: STREET 1: SBA COMMUNICATIONS CORP STREET 2: 5900 BROKEN SOUND PKWY CITY: BOCA RATON STATE: FL ZIP: 33487 4 1 rrd404987.xml FORM 4 - OPTION EXERCISE X0306 4 2014-03-07 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001175022 BAGWELL KURT L C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY, NW BOCA RATON FL 33487 0 1 0 0 EVP; Pres. - International Class A Common Stock 2014-03-07 4 M 0 9786 35.71 A 96080 D Class A Common Stock 2014-03-07 4 M 0 10880 42.15 A 106960 D Class A Common Stock 2014-03-07 4 M 0 11227 47.52 A 118187 D Class A Common Stock 2014-03-07 4 M 0 15612 72.99 A 133799 D Class A Common Stock 2014-03-07 4 S 0 47505 95.26 D 86294 D Stock Options (Right to Buy) 35.71 2014-03-07 4 M 0 9786 0 D 2017-03-04 Class A Common Stock 9786 0 D Stock Options (Right to Buy) 42.15 2014-03-07 4 M 0 10880 0 D 2018-03-04 Class A Common Stock 10880 10880 D Restricted Stock Units Class A Common Stock 2504 2504 D Stock Options (Right to Buy) 47.52 2014-03-07 4 M 0 11227 0 D 2019-03-06 Class A Common Stock 11227 22454 D Restricted Stock Units Class A Common Stock 2483 4966 D Stock Options (Right to Buy) 72.99 2014-03-07 4 M 0 15612 0 D 2020-03-06 Class A Common Stock 15612 46836 D Restricted Stock Units Class A Common Stock 2044 6133 D Stock Options (Right to Buy) 95.53 2021-03-06 Class A Common Stock 73062 73062 D Restricted Stock Units Class A Common Stock 7412 7412 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $95.25 to $95.31 per share. The Reporting Person, upon request, will provide the Securites 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: 10,879 vest on the first anniversary of the grant date and 10,880 vest on each of the second through fourth anniversaries of the grant date (March 4, 2011). 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: 2,044 vest on the first through third anniversaries of the grant date and 2,504 vest on each of the first through fourth anniversaries of the greant date (March 4, 2011). These options vest in accordance with the following schedule: 11,227 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: 2,482 vest on the first anniversary of the grant date and 2,483 vest on each of the second through fourth anniversaries of the grant date (March 6, 2012). These options vest in accordance with the following schedule: 15,612 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: 2,044 vest on the first through third anniversaries of the grant date and 2,045 vest on the fourth anniversary of the grant date (March 6, 2013). These options vest in accordance with the following schedule: 18,265 vest on each of the first and the third anniversary of the grant date and 18,266 vest on each of the second and the fourth anniversary of the grant date (March 6, 2014). These restricted stock units vest in accordance with the following schedule: 1,853 vest on each of the first through fourth anniversaries of the grant date (March 6, 2014). /s/ Joshua M. Koenig, Attorney-in-Fact 2014-03-07