0001209191-16-120519.txt : 20160516 0001209191-16-120519.hdr.sgml : 20160516 20160516184004 ACCESSION NUMBER: 0001209191-16-120519 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160512 FILED AS OF DATE: 20160516 DATE AS OF CHANGE: 20160516 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: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 5612269345 MAIL ADDRESS: STREET 1: 8051 CONGRESS AVENUE CITY: BOCA RATON STATE: FL ZIP: 33487 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LANGER JACK CENTRAL INDEX KEY: 0001253093 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30110 FILM NUMBER: 161655696 MAIL ADDRESS: STREET 1: C/O SPANISH BROADCASTING SYSTEMS INC. STREET 2: 2601 SOUTH BAYSHORE DR, PENTHOUSE #2 CITY: COCONUT GROVE STATE: FL ZIP: 33133 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-05-12 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001253093 LANGER JACK C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2016-05-12 4 M 0 249 A 1790 D Class A Common Stock 2016-05-12 4 F 0 63 101.67 D 1727 D Class A Common Stock 22261 I By Trust Stock Options (Right to Buy) 32.81 2017-05-06 Class A Common Stock 681 681 I By Trust Stock Options (Right to Buy) 37.76 2018-05-04 Class A Common Stock 1343 1343 I By Trust Stock Options (Right to Buy) 50.35 2019-05-17 Class A Common Stock 1643 1643 I By Trust Stock Options (Right to Buy) 79.67 2020-05-09 Class A Common Stock 1999 1999 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 303 303 D Stock Options (Right to Buy) 113.55 2022-05-21 Class A Common Stock 1899 1899 D Restricted Stock Units 2016-05-12 4 M 0 249 D Class A Common Stock 249 498 D On May 12, 2016, 249 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. Shares withheld for tax liability. The securities are held by The Jack Langer 2012 Irrevocable Family Trust for estate planning purposes. The trustee of the trust is the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. These options are immediately exercisable. 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. 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: 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. These options vest in accordance with the following schedule: 633 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 633 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 633 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders. These restricted stock units vest in accordance with the following schedule: 249 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 249 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 249 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders. /s/ Thomas P. Hunt, Attorney-in-Fact 2016-05-16