0001209191-20-016724.txt : 20200305
0001209191-20-016724.hdr.sgml : 20200305
20200305180206
ACCESSION NUMBER: 0001209191-20-016724
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200303
FILED AS OF DATE: 20200305
DATE AS OF CHANGE: 20200305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BAGWELL KURT L
CENTRAL INDEX KEY: 0001175022
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16853
FILM NUMBER: 20691981
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: 5900 BROKEN SOUND PKWY
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
2020-03-03
0
0001034054
SBA COMMUNICATIONS CORP
SBAC
0001175022
BAGWELL KURT L
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON
FL
33487
0
1
0
0
EVP; Pres. - International
Class A Common Stock
2020-03-03
4
S
0
4054
290.00
D
75580
D
Class A Common Stock
2020-03-03
4
S
0
6362
295.02
D
69218
D
Class A Common Stock
2020-03-04
4
S
0
19584
290.00
D
49634
D
Class A Common Stock
26
I
By Trust
Stock Options (Right to Buy)
96.58
2023-03-04
Class A Common Stock
20208
20208
D
Restricted Stock Units
Class A Common Stock
1976
1976
D
Stock Options (Right to Buy)
115.17
2024-03-06
Class A Common Stock
34270
34270
D
Restricted Stock Units
Class A Common Stock
3518
3518
D
Stock Options (Right to Buy)
156.50
2025-03-06
Class A Common Stock
40556
40556
D
Restricted Stock Units
Class A Common Stock
4227
4227
D
Stock Options (Right to Buy)
182.30
2026-03-06
Class A Common Stock
58781
58781
D
Restricted Stock Units
Class A Common Stock
5467
5467
D
Restricted Stock Units
Class A Common Stock
3856
3856
D
Performance Restricted Stock Units
Class A Common Stock
3856
3856
D
Performance Restricted Stock Units
Class A Common Stock
3856
3856
D
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $295.00 to $295.40 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.
The trust is for the benefit of one of the Reporting Person's children.
These options are immediately exercisable.
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: 1,975 vest on each of the first through third anniversaries of the grant date and 1,976 vest on the fourth anniversary of the grant date (March 4, 2016).
These options vest in accordance with the following schedule: 17,135 vest on each of the first through fourth anniversaries of the grant date (March 6, 2017).
These restricted stock units vest in accordance with the following schedule: 1,758 vest on the first anniversary of the grant date and 1,759 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: 13,518 vest on each of the first and the third anniversaries of the grant date, and 13,519 vest on each of the second and the fourth anniversaries of the grant date (March 6, 2018).
These restricted stock units vest in accordance with the following schedule: 1,409 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018).
These options vest in accordance with the following schedule: 14,695 vest on each of the first through third anniversaries of the grant date and 14,696 vest on the fourth anniversary of the grant date (March 6, 2019).
These restricted stock units vest in accordance with the following schedule: 1,366 vest on the first anniversary of the grant date and 1,367 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).
These restricted stock units vest in accordance with the following schedule: 1,285 vest on the first and second anniversaries of the grant date and 1,286 vest on the third anniversary of the grant date (February 25, 2020).
Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
/s/ Thomas P. Hunt, Attorney-in-Fact
2020-03-05