0001209191-18-027780.txt : 20180503 0001209191-18-027780.hdr.sgml : 20180503 20180503174719 ACCESSION NUMBER: 0001209191-18-027780 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180501 FILED AS OF DATE: 20180503 DATE AS OF CHANGE: 20180503 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: 18805240 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 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2018-05-01 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 2018-03-15 5 G 0 E 50 0.00 D 14833 I By Trust Class A Common Stock 2018-05-01 4 M 0 268 A 2548 D Class A Common Stock 2018-05-01 4 F 0 81 160.23 D 2467 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 2018-05-01 4 M 0 268 D Class A Common Stock 268 539 D The Reporting Person gifted these shares to a 501(c)(3) institution in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended. 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. On May 1, 2018, 268 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. Shares withheld for tax liability. 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: 658 vest on May 1, 2018; 659 vest on May 1, 2019; and 660 vest on May 1, 2020. These restricted stock units vest in accordance with the following schedule: 268 vest on May 1, 2018; 269 vest on May 1, 2019; and 270 vest on May 1, 2020. /s/ Thomas P. Hunt, Attorney-in-Fact 2018-05-03