0001181431-14-012881.txt : 20140314
0001181431-14-012881.hdr.sgml : 20140314
20140314185749
ACCESSION NUMBER: 0001181431-14-012881
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140312
FILED AS OF DATE: 20140314
DATE AS OF CHANGE: 20140314
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: HUNT THOMAS P
CENTRAL INDEX KEY: 0001233318
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30110
FILM NUMBER: 14695758
4
1
rrd405498.xml
FORM 4 - OPTION EXERCISE AND SALE
X0306
4
2014-03-12
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001233318
HUNT THOMAS P
C/O SBA COMMUNICATIONS CORPORATION
5900 BROKEN SOUND PARKWAY, NW
BOCA RATON
FL
33487
0
1
0
0
Executive VP/General Counsel
Class A Common Stock
2014-03-12
4
M
0
49765
19.1
A
68790
D
Class A Common Stock
2014-03-12
4
M
0
65000
32.39
A
133790
D
Class A Common Stock
2014-03-12
4
M
0
25082
19.68
A
158872
D
Class A Common Stock
2014-03-12
4
F
0
75935
94.99
D
82937
D
Class A Common Stock
2014-03-12
4
S
0
63912
95.07
D
19025
D
Stock Options (Right to buy)
19.1
2014-03-12
4
M
0
49765
0
D
2016-01-19
Class A Common Stock
49765
0
D
Stock Options (Right to Buy)
32.39
2014-03-12
4
M
0
65000
0
D
2015-02-28
Class A Common Stock
65000
0
D
Stock Options (Right to Buy)
19.68
2014-03-12
4
M
0
25082
0
D
2016-03-05
Class A Common Stock
25082
59250
D
Stock Options (Right to Buy)
35.71
2017-03-04
Class A Common Stock
39142
39142
D
Stock Options (Right to Buy)
42.15
2018-03-04
Class A Common Stock
43519
43519
D
Restricted Stock Units
Class A Common Stock
2504
2504
D
Stock Options (Right to Buy)
47.52
2019-03-06
Class A Common Stock
44908
44908
D
Restricted Stock Units
Class A Common Stock
4966
4966
D
Stock Options (Right to Buy)
72.99
2020-03-06
Class A Common Stock
62448
62448
D
Restricted Stock Units
Class A Common Stock
6133
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
Shares withheld for payment of tax liability and option exercise price.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $95.00 to $95.20 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: 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: 2,504 vest on each of the first through fourth anniversaries of the grant 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 each of the first through the 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/ Thomas P. Hunt
2014-03-14