0001209191-19-027523.txt : 20190503 0001209191-19-027523.hdr.sgml : 20190503 20190503180948 ACCESSION NUMBER: 0001209191-19-027523 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190501 FILED AS OF DATE: 20190503 DATE AS OF CHANGE: 20190503 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Krouse George R Jr CENTRAL INDEX KEY: 0001473955 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 19797613 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORPORATION STREET 2: 5900 BROKEN SOUND PARKWAY, NW CITY: BOCA RATON STATE: FL ZIP: 33487 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 2019-05-01 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001473955 Krouse George R Jr C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2019-03-21 4 G 0 50 0.00 D 10481 D Class A Common Stock 2019-05-01 4 M 0 269 A 10750 D Class A Common Stock 2019-05-01 4 M 0 200 A 10950 D Class A Common Stock 2019-05-01 4 F 0 165 203.73 D 10785 D Class A Common Stock 2019-05-02 4 M 0 1899 113.55 A 12684 D Class A Common Stock 2019-05-02 4 S 0 1899 204.16 D 10785 D Stock Options (Right to Buy) 113.55 2019-05-02 4 M 0 1899 0.00 D 2022-05-21 Class A Common Stock 1899 0 D Stock Options (Right to Buy) 100.00 2023-05-13 Class A Common Stock 770 770 D Restricted Stock Units Class A Common Stock 303 303 D Stock Options (Right to Buy) 132.00 2024-05-18 Class A Common Stock 1977 1977 D Restricted Stock Units 2019-05-01 4 M 0 269 D Class A Common Stock 269 270 D Stock Options (Right to Buy) 157.51 2025-05-17 Class A Common Stock 1411 1411 D Restricted Stock Units 2019-05-01 4 M 0 200 D Class A Common Stock 200 402 D The Reporting Person gifted these shares to a 501(c)(3) charitable organization in an exempt transaction pursuant to Rule 16b-5 of the Securities Exchange Act of 1934, as amended. On May 1, 2019, 269 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. On May 1, 2019, 200 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. Shares withheld for tax liability. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $204.14 and $204.19 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: 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. 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: 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. These options vest in accordance with the following schedule: 470 vest on May 1, 2019; 470 vest on May 1, 2020; and 471 vest on May 1, 2021. These restricted stock units vest in accordance with the following schedule: 200 vest on May 1, 2019; 201 vest on May 1, 2020; and 201 vest on May 1, 2021. /s/Thomas P. Hunt, Attorney-in-Fact 2019-05-03