0001181431-14-028766.txt : 20140812 0001181431-14-028766.hdr.sgml : 20140811 20140808185025 ACCESSION NUMBER: 0001181431-14-028766 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140806 FILED AS OF DATE: 20140808 DATE AS OF CHANGE: 20140808 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: CARR BRIAN C CENTRAL INDEX KEY: 0001287502 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 141028635 4 1 rrd414186.xml FORM 4 - OPTION EXERCISE AND SALE X0306 4 2014-08-06 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001287502 CARR BRIAN C C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY N.W. BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2014-08-06 4 M 0 1021 32.81 A 3425 D Class A Common Stock 2014-08-06 4 M 0 1007 37.76 A 4432 D Class A Common Stock 2014-08-06 4 M 0 548 50.35 A 4980 D Class A Common Stock 2014-08-06 4 S 0 2576 107.06 D 2404 D Stock Options (Right to Buy) 32.81 2014-08-06 4 M 0 1021 0 D 2017-05-06 Class A Common Stock 1021 0 D Stock Options (Right to Buy) 37.76 2014-08-06 4 M 0 1007 0 D 2018-05-04 Class A Common Stock 1007 0 D Stock Options (Right to Buy) 50.35 2014-08-06 4 M 0 548 0 D 2019-05-17 Class A Common Stock 548 274 D Restricted Stock Units Class A Common Stock 241 241 D Stock Options (Right to Buy) 79.67 2020-05-09 Class A Common Stock 999 999 D Restricted Stock Units Class A Common Stock 346 346 D Stock Options (Right to Buy) 96.80 2021-05-08 Class A Common Stock 2202 2202 D Restricted Stock Units Class A Common Stock 909 909 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $107.00 to $107.19 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: 274 are vested; 274 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 274 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders. 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: 242 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders and 241 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders. These options vest in accordance with the following schedule: 333 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 333 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 333 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders. These restricted stock units vest in accordance with the following schedule: 174 vest on the earlier of May 9, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; 173 vest on the earlier of May 9, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; and 173 vest on the earlier of May 9, 2016 or the day immediately prior to the 2016 annual meeting of shareholders. These options vest in accordance with the following schedule: 734 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 734 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 734 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders. These restricted stock units vest in accordance with the following schedule: 303 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 303 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 303 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders. /s/ Joshua M. Koenig, Attorney-in-Fact 2014-08-08