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