0001209191-16-136652.txt : 20160811
0001209191-16-136652.hdr.sgml : 20160811
20160811183508
ACCESSION NUMBER: 0001209191-16-136652
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160809
FILED AS OF DATE: 20160811
DATE AS OF CHANGE: 20160811
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SBA COMMUNICATIONS CORP
CENTRAL INDEX KEY: 0001034054
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
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
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: 000-30110
FILM NUMBER: 161825808
MAIL ADDRESS:
STREET 1: SBA COMMUNICATIONS CORP
STREET 2: ONE TOWN CENTER ROAD THIRD FLOOR
CITY: BOCA RATON
STATE: FL
ZIP: 33486
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-08-09
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
2016-08-09
4
S
0
50000
115.91
D
489863
I
By Limited Partnership
Class A Common Stock
2016-08-10
4
S
0
36092
116.29
D
336592
D
Class A Common Stock
2016-08-10
4
S
0
13908
117.00
D
322684
D
Class A Common Stock
2016-08-11
4
M
0
95111
42.15
A
417795
D
Class A Common Stock
2016-08-11
4
F
0
35111
116.16
D
382684
D
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)
42.15
2016-08-11
4
M
0
95111
0.00
D
2018-03-04
Class A Common Stock
95111
0
D
Stock Options (Right to Buy)
47.52
2019-03-06
Class A Common Stock
106450
106450
D
Stock Options (Right to Buy)
72.99
2020-03-06
Class A Common Stock
145228
145228
D
Restricted Stock Units
Class A Common Stock
4755
4755
D
Stock Options (Right to Buy)
95.53
2021-03-06
Class A Common Stock
175529
175529
D
Restricted Stock Units
Class A Common Stock
8904
8904
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
12066
12066
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
19707
19707
D
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $115.74 to $116.37 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 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 $116.00 to $116.75 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 transaction ranged from $116.76 to $117.33 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.
Shares withheld for payment of tax liability and option exercise price.
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: 36,307 vest on each of the first through fourth anniversaries of the grant date (March 6, 2013).
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: 4,754 vest on each of the first through third anniversaries of the grant date and 4,755 vest on the fourth anniversary of the grant date (March 6, 2013).
These options vest in accordance with the following schedule: 43,882 vest on each of the first through third anniversaries of the grant date and 43,883 vest on the fourth anniversary of the grant date (March 6, 2014).
These restricted stock units vest in accordance with the following schedule: 4,451 vest on the first anniversary of the grant date and 4,452 on each of the second through fourth anniversaries of the grant date (March 6, 2014).
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).
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).
/s/ Thomas P. Hunt, Attorney-in-Fact
2016-08-11