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