0001209191-18-051274.txt : 20180917 0001209191-18-051274.hdr.sgml : 20180917 20180917181846 ACCESSION NUMBER: 0001209191-18-051274 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180913 FILED AS OF DATE: 20180917 DATE AS OF CHANGE: 20180917 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: 181074321 MAIL ADDRESS: STREET 1: SBA COMMUNICATIONS CORP STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR CITY: BOCA RATON STATE: FL ZIP: 33486 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 2018-09-13 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 2018-09-13 4 S 0 7800 159.21 D 252180 D Class A Common Stock 2018-09-13 4 S 0 2200 159.92 D 249980 D Class A Common Stock 2018-09-13 4 S 0 1100 159.29 D 468763 I By Limited Partnership Class A Common Stock 2018-09-13 4 S 0 2539 160.33 D 466224 I By Limited Partnership Class A Common Stock 2018-09-13 4 S 0 6361 161.10 D 459863 I By Limited Partnership Class A Common Stock 2018-09-14 4 M 0 35000 47.52 A 284980 D Class A Common Stock 2018-09-14 4 F 0 20037 161.03 D 264943 D Class A Common Stock 2018-09-14 4 S 0 7229 159.88 D 257714 D Class A Common Stock 2018-09-14 4 S 0 2771 160.86 D 254943 D Class A Common Stock 2018-09-14 4 S 0 7467 159.70 D 452396 I By Limited Partnership Class A Common Stock 2018-09-14 4 S 0 2400 160.80 D 449996 I By Limited Partnership Class A Common Stock 2018-09-14 4 S 0 133 161.41 D 449863 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 2018-09-14 4 M 0 35000 0.00 D 2019-03-06 Class A Common Stock 35000 48346 D Stock Options (Right to Buy) 72.99 2020-03-06 Class A Common Stock 143858 143858 D Stock Options (Right to Buy) 95.53 2021-03-06 Class A Common Stock 174483 174483 D Stock Options (Right to Buy) 124.59 2022-03-05 Class A Common Stock 160715 160715 D Restricted Stock Units Class A Common Stock 4022 4022 D Stock Options (Right to Buy) 96.58 2023-03-04 Class A Common Stock 201614 201614 D Restricted Stock Units Class A Common Stock 9854 9854 D Stock Options (Right to Buy) 115.17 2024-03-06 Class A Common Stock 173635 173635 D Restricted Stock Units Class A Common Stock 13368 13368 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 137601 137601 D Restricted Stock Units Class A Common Stock 14343 14343 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $158.74 to $159.70 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $159.77 to $160.13 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $158.76 to $159.76 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $159.78 to $160.77 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $160.82 to $161.57 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Shares withheld to cover the exercise price and tax liability. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $159.31 to $160.27 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $160.51 to $161.22 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $159.25 to $160.22 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $160.26 to $161.21 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $161.37 to $161.42 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 shares were sold pursuant to a trading plan adopted under Rule 10b5-1 on August 8, 2018. Each of the four different trusts is for the benefit of one of the Reporting Person's four children. These options are immediately exercisable. 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). 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: 4,021 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). These options vest in accordance with the following schedule: 34,400 vest on each of the first through third anniversaries of the grant date and 34,401 vest on the fourth anniversary of the grant date (March 6, 2018). These restricted stock units vest in accordance with the following schedule: 3,585 vest on the first anniversary of the grant date and 3,586 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018). /s/ Thomas P. Hunt, Attorney-in-Fact 2018-09-17