0001209191-20-013518.txt : 20200227 0001209191-20-013518.hdr.sgml : 20200227 20200227181206 ACCESSION NUMBER: 0001209191-20-013518 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200225 FILED AS OF DATE: 20200227 DATE AS OF CHANGE: 20200227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERNSTEIN STEVEN E CENTRAL INDEX KEY: 0001089833 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16853 FILM NUMBER: 20664414 MAIL ADDRESS: STREET 1: C/O SBA COMMUNICATIONS CORP STREET 2: ONE TOWN CENTER ROAD - THIRD FLOOR CITY: BOCO RATON STATE: FL ZIP: 83486 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 2020-02-25 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001089833 BERNSTEIN STEVEN E C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 1 Chairman Class A Common Stock 2020-02-25 4 S 0 531 291.74 D 1485 D Class A Common Stock 2020-02-25 4 S 0 300 294.24 D 1185 D Class A Common Stock 2020-02-25 4 S 0 700 295.49 D 485 D Class A Common Stock 2020-02-25 4 S 0 52580 291.60 D 112562 I See Footnote Class A Common Stock 2020-02-25 4 S 0 3841 294.27 D 108721 I See Footnote Class A Common Stock 2020-02-26 4 S 0 5731 291.74 D 102990 I See Footnote Class A Common Stock 2020-02-26 4 S 0 600 293.03 D 102390 I See Footnote 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 Stock Options (Right to Buy) 100.00 2023-05-13 Class A Common Stock 2308 2308 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 270 270 D Stock Options (Right to Buy) 157.51 2025-05-17 Class A Common Stock 1411 1411 D Restricted Stock Units Class A Common Stock 402 402 D Stock Options (Right to Buy) 212.31 2026-05-16 Class A Common Stock 1501 1501 D Restricted Stock Units Class A Common Stock 546 546 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $291.50 to $292.12 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $294.00 to $294.68 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $295.22 to $295.76 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $291.50 to $292.22 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 are held by Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, 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 transactions ranged from $294.00 to $294.87 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $291.50 to $292.29 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $293.00 to $293.04 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 exercisable immediately. 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. 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: 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. These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022. These restricted stock units vest in accordance with the following schedule: 182 vest on May 1, 2020; 182 vest on May 1, 2021; and 182 vest on May 1, 2022. /s/ Thomas P. Hunt, Attorney-in-Fact 2020-02-27