0001181431-14-026604.txt : 20140711 0001181431-14-026604.hdr.sgml : 20140711 20140711183038 ACCESSION NUMBER: 0001181431-14-026604 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140710 FILED AS OF DATE: 20140711 DATE AS OF CHANGE: 20140711 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: Ciarfella Mark R CENTRAL INDEX KEY: 0001504654 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 14972542 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORPORATION STREET 2: 5900 BROKEN SOUND PARKWAY NW CITY: BOCA RATON STATE: FL ZIP: 33487 4 1 rrd413103.xml FORM 4 - OPTION EXERCISE AND SALE X0306 4 2014-07-10 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001504654 Ciarfella Mark R C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY, NW BOCA RATON FL 33487 0 1 0 0 EVP - Operations Class A Common Stock 2014-07-10 4 M 0 5673 72.99 A 10822 D Class A Common Stock 2014-07-10 4 S 0 5673 105.26 D 5149 D Stock Options (Right to Buy) 42.15 2018-03-04 Class A Common Stock 3656 3656 D Restricted Stock Units Class A Common Stock 842 842 D Stock Options (Right to Buy) 47.52 2019-03-06 Class A Common Stock 7901 7901 D Restricted Stock Units Class A Common Stock 1747 1747 D Stock Options (Right to Buy) 72.99 2014-07-10 4 M 0 5673 0 D 2020-03-06 Class A Common Stock 5673 17019 D Restricted Stock Units Class A Common Stock 2229 2229 D Stock Options (Right to Buy) 95.53 2021-03-06 Class A Common Stock 30294 30294 D Restricted Stock Units Class A Common Stock 3073 3073 D The sale occurred pursuant to an existing Rule 10b5-1 plan adopted by the Reporting Person. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $105.00 to $105.35 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 vest in accordance with the following schedule: 3,655 vest on each of the first and third anniversaries of the grant date and 3,656 vest on each of the second and 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: 841 vest on each of the first through third anniversaries of the grant date and 842 vest on the fourth anniversary of the grant date (March 4, 2011). These options vest in accordance with the following schedule: 3,950 vest on each of the first through third anniversaries of the grant date and 3,951 vest on the fourth anniversary of the grant date (March 6, 2012). These restricted stock units vest in accordance with the following schedule: 873 vest on each of the first and the third anniversary of the grant date and 874 vest on each of the second and the fourth anniversary of the grant date (March 6, 2012). These options vest in accordance with the following schedule: 5,673 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: 742 vest on the first anniversary of the grant date and 743 vest on each of the second through fourth anniversaries of the grant date (March 6, 2013). These options vest in accordance with the following schedule: 7,573 vest on each of the first and the third anniversary of the grant date and 7,574 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: 768 vest on each of the first through third anniversaries of the grant date and 769 vest on the fourth anniversary of the grant date (March 6, 2014). /s/ Joshua M. Koenig, Attorney-in-Fact 2014-07-11