0001209191-17-034047.txt : 20170519
0001209191-17-034047.hdr.sgml : 20170519
20170519181820
ACCESSION NUMBER: 0001209191-17-034047
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170517
FILED AS OF DATE: 20170519
DATE AS OF CHANGE: 20170519
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: CARR BRIAN C
CENTRAL INDEX KEY: 0001287502
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 17859344
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-05-17
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001287502
CARR BRIAN C
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
1
0
0
0
Class A Common Stock
2017-05-17
4
M
0
249
A
3051
D
Class A Common Stock
2017-05-18
4
M
0
274
50.35
A
3325
D
Class A Common Stock
2017-05-18
4
M
0
999
79.67
A
4324
D
Class A Common Stock
2017-05-18
4
M
0
2202
96.80
A
6526
D
Class A Common Stock
2017-05-18
4
S
0
3475
132.54
D
3051
D
Stock Options (Right to Buy)
50.35
2017-05-18
4
M
0
274
0.00
D
2019-05-17
Class A Common Stock
274
0
D
Stock Options (Right to Buy)
79.67
2017-05-18
4
M
0
999
0.00
D
2020-05-09
Class A Common Stock
999
0
D
Stock Options (Right to Buy)
96.80
2017-05-18
4
M
0
2202
0.00
D
2021-05-08
Class A Common Stock
2202
0
D
Stock Options (Right to Buy)
113.55
2022-05-21
Class A Common Stock
1899
1899
D
Restricted Stock Units
2017-05-17
4
M
0
249
D
Class A Common Stock
249
249
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
605
605
D
Stock Options (Right to Buy)
132.00
2017-05-18
4
A
0
1977
0.00
A
2024-05-18
Class A Common Stock
1977
1977
D
Restricted Stock Units
2017-05-18
4
A
0
807
0.00
A
Class A Common Stock
807
807
D
On May 17, 2017, 249 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $132.54 to $132.56 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: 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.
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: 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.
These options vest in accordance with the following schedule: 659 vest on May 1, 2018; 659 vest on May 1, 2019; and 659 vest on May 1, 2020.
These restricted stock units vest in accordance with the following schedule: 269 vest on May 1, 2018; 269 vest on May 1, 2019; and 269 vest on May 1, 2020.
/s/ Thomas P. Hunt, Attorney-in-Fact
2017-05-19