0001209191-17-038622.txt : 20170608
0001209191-17-038622.hdr.sgml : 20170608
20170608180607
ACCESSION NUMBER: 0001209191-17-038622
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170606
FILED AS OF DATE: 20170608
DATE AS OF CHANGE: 20170608
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: LANGER JACK
CENTRAL INDEX KEY: 0001253093
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 17901106
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
2017-06-06
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
2017-06-06
4
S
0
9000
137.04
D
14883
I
By Trust
Class A Common Stock
2280
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
Stock Options (Right to Buy)
113.55
2022-05-21
Class A Common Stock
1899
1899
D
Restricted Stock Units
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
2024-05-18
Class A Common Stock
1977
1977
D
Restricted Stock Units
Class A Common Stock
807
807
D
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction were $137.02 and $137.07
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.
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: 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
2017-06-08