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