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