0001209191-17-018991.txt : 20170307
0001209191-17-018991.hdr.sgml : 20170307
20170307185736
ACCESSION NUMBER: 0001209191-17-018991
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170304
FILED AS OF DATE: 20170307
DATE AS OF CHANGE: 20170307
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP
CENTRAL INDEX KEY: 0001034054
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
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: STOOPS JEFFREY
CENTRAL INDEX KEY: 0001106860
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 17673467
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR
CITY: BOCA RATON
STATE: FL
ZIP: 33486
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-03-04
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001106860
STOOPS JEFFREY
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
1
1
0
0
Chief Executive Officer & Pres
Class A Common Stock
2017-03-04
4
M
0
4926
A
357873
D
Class A Common Stock
2017-03-04
4
F
0
2067
114.98
D
355806
D
Class A Common Stock
2017-03-05
4
M
0
4022
A
359828
D
Class A Common Stock
2017-03-05
4
F
0
1688
114.98
D
358140
D
Class A Common Stock
2017-03-06
4
M
0
4755
A
362895
D
Class A Common Stock
2017-03-06
4
M
0
4452
A
367347
D
Class A Common Stock
2017-03-06
4
F
0
3363
114.98
D
363984
D
Class A Common Stock
489863
I
By Limited Partnership
Class A Common Stock
5675
I
By Trust
Class A Common Stock
5425
I
By Trust
Class A Common Stock
5175
I
By Trust
Class A Common Stock
3950
I
By Trust
Stock Options (Right to Buy)
47.52
2019-03-06
Class A Common Stock
106450
106450
D
Stock Options (Right to Buy)
72.99
2020-03-06
Class A Common Stock
145228
145228
D
Restricted Stock Units
2017-03-06
4
M
0
4755
D
Class A Common Stock
4755
0
D
Stock Options (Right to Buy)
95.53
2021-03-06
Class A Common Stock
175529
175529
D
Restricted Stock Units
2017-03-06
4
M
0
4452
D
Class A Common Stock
4452
4452
D
Stock Options (Right to Buy)
124.59
2022-03-05
Class A Common Stock
160715
160715
D
Restricted Stock Units
2017-03-05
4
M
0
4022
D
Class A Common Stock
4022
8044
D
Stock Options (Right to Buy)
96.58
2023-03-04
Class A Common Stock
201614
201614
D
Restricted Stock Units
2017-03-04
4
M
0
4926
D
Class A Common Stock
4926
14781
D
Stock Options (Right to Buy)
115.17
2017-03-06
4
A
0
173635
0.00
A
2024-03-06
Class A Common Stock
173635
173635
D
Restricted Stock Units
2017-03-06
4
A
0
17823
0.00
A
Class A Common Stock
17823
17823
D
On March 4, 2017, 4,926 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
Includes 221 shares acquired on February 27, 2017 pursuant to the SBA Communications Corporation 2008 Employee Stock Purchase Plan.
Shares withheld for payment of tax liability.
On March 5, 2017, 4,022 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
On March 6, 2017, 4,755 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
On March 6, 2017, 4,452 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.
Each of the four different trusts is for the benefit of one of the Reporting Person's four children.
These options are immediately exercisable.
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: 4,754 vest on each of the first through third anniversaries of the grant date and 4,755 vest on the fourth anniversary of the grant date (March 6, 2013).
These options vest in accordance with the following schedule: 43,882 vest on each of the first through third anniversaries of the grant date and 43,883 vest on the fourth anniversary of the grant date (March 6, 2014).
These restricted stock units vest in accordance with the following schedule: 4,451 vest on the first anniversary of the grant date and 4,452 on each of the second through fourth anniversaries of the grant date (March 6, 2014).
These options vest in accordance with the following schedule: 40,178 vest on the first anniversary of the grant date and 40,179 vest on each of the second through fourth anniversaries of the grant date (March 5, 2015).
These restricted stock units vest in accordance with the following schedule: 4,021 vest on the first anniversary of the grant date and 4,022 vest on each of the second through fourth anniversaries of the grant date (March 5, 2015).
These options vest in accordance with the following schedule: 50,403 vest on each of the first and third anniversary of the grant date and 50,404 vest on each of the second and fourth anniversary of the grant date (March 4, 2016).
These restricted stock units vest in accordance with the following schedule: 4,926 vest on the first anniversary of the grant date and 4,927 vest on each of the second through fourth anniversaries of the grant date (March 4, 2016).
These options vest in accordance with the following schedule: 43,408 vest on the first anniversary of the grant date and 43,409 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
These restricted stock units vest in accordance with the following schedule: 4,455 vest on the first anniversary of the grant date and 4,456 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017).
/s/ Thomas P. Hunt, Attorney-in-Fact
2017-03-07