0001209191-17-020284.txt : 20170313 0001209191-17-020284.hdr.sgml : 20170313 20170313182030 ACCESSION NUMBER: 0001209191-17-020284 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170310 FILED AS OF DATE: 20170313 DATE AS OF CHANGE: 20170313 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: BEEBE KEVIN L CENTRAL INDEX KEY: 0001187378 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 17686444 MAIL ADDRESS: STREET 1: ONE ALLIED DRIVE CITY: LITTLE ROCK STATE: AR ZIP: 72202 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-10 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001187378 BEEBE KEVIN L C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2017-03-10 4 M 0 2042 32.81 A 9097 D Class A Common Stock 2017-03-10 4 S 0 570 118.12 D 8527 D Stock Options (Right to Buy) 28.86 2019-10-28 Class A Common Stock 10000 10000 D Stock Options (Right to Buy) 32.81 2017-03-10 4 M 0 2042 0.00 D 2017-05-06 Class A Common Stock 2042 0 D Stock Options (Right to Buy) 37.76 2018-05-04 Class A Common Stock 2015 2015 D Stock Options (Right to Buy) 50.35 2019-05-17 Class A Common Stock 1643 1643 D 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 Class A Common Stock 498 498 D Stock Options (Right to Buy) 100.00 2023-05-13 Class A Common Stock 2308 2308 D Restricted Stock Units Class A Common Stock 907 907 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $118.11 to $118.12 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: 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. These options vest in accordance with the following schedule: 769 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 769 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 770 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders. These restricted stock units vest in accordance with the following schedule: 302 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 302 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 303 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders. /s/ Thomas P. Hunt, Attorney-in-Fact 2017-03-13