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