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SBA COMMUNICATIONS CORP — Director's Dealing 2012
Nov 16, 2012
30276_dirs_2012-11-16_f346a440-c49f-4c38-9271-38dfcc3d725d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2012-11-15
Reporting Person: LANGER JACK (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-15 | Class A Common Stock | M | 25000 | $3.78 | Acquired | 27141 | Direct |
| 2012-11-15 | Class A Common Stock | M | 10000 | $14.80 | Acquired | 37141 | Direct |
| 2012-11-15 | Class A Common Stock | M | 10000 | $26.36 | Acquired | 47141 | Direct |
| 2012-11-15 | Class A Common Stock | M | 10000 | $30.07 | Acquired | 57141 | Direct |
| 2012-11-15 | Class A Common Stock | M | 9514 | $34.49 | Acquired | 66655 | Direct |
| 2012-11-15 | Class A Common Stock | M | 9374 | $24.38 | Acquired | 76029 | Direct |
| 2012-11-15 | Class A Common Stock | M | 1361 | $32.81 | Acquired | 77390 | Direct |
| 2012-11-15 | Class A Common Stock | M | 672 | $37.76 | Acquired | 78062 | Direct |
| 2012-11-15 | Class A Common Stock | F | 471 | $66.00 | Disposed | 77591 | Direct |
| 2012-11-15 | Class A Common Stock | F | 37781 | $64.84 | Disposed | 39810 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-15 | Stock Options (Right to Buy) | $3.78 | M | 25000 | Disposed | 2014-05-06 | Class A Common Stock (25000) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $14.80 | M | 10000 | Disposed | 2015-07-22 | Class A Common Stock (10000) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $26.36 | M | 10000 | Disposed | 2016-05-05 | Class A Common Stock (10000) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $30.07 | M | 10000 | Disposed | 2014-05-17 | Class A Common Stock (10000) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $34.49 | M | 9514 | Disposed | 2015-05-06 | Class A Common Stock (9514) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $24.38 | M | 9374 | Disposed | 2016-05-07 | Class A Common Stock (9374) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $32.81 | M | 1361 | Disposed | 2017-05-06 | Class A Common Stock (1361) | Direct |
| 2012-11-15 | Stock Options (Right to Buy) | $37.76 | M | 672 | Disposed | 2018-05-04 | Class A Common Stock (672) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class A Common Stock (622) | 622 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (1230) | 1230 | Direct | |
| Stock Options (Right to Buy) | $50.35 | 2019-05-17 | Class A Common Stock (1643) | 1643 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (1449) | 1449 | Direct |
Footnotes
F1: Shares withheld for payment of tax liability and option exercise price.
F2: These options are immediately exercisable.
F3: These options vest in accordance with the following schedule: 680 vest on the earlier of May 6, 2011 or the day immediately prior to the 2011 annual meeting of shareholders; 681 vest on the earlier of May 6, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; and 681 vest on the earlier of May 6, 2013 or the day immediately prior to the 2013 annual meeting of shareholders.
F4: Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F5: These restricted stock units vest in accordance with the following schedule: 622 vest on the earlier of May 6, 2011 or the day immediately prior to the 2011 annual meeting of shareholders; 622 vest on the earlier of May 6, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; and 622 vest on the earlier of May 6, 2013 or the day immediately prior to the 2013 annual meeting of shareholders.
F6: These options vest in accordance with the following schedule: 672 vest on the earlier of May 4, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; 671 vest on the earlier of May 4, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; and 672 vest on the earlier of May 4, 2014 or the day immediately prior to the 2014 annual meeting of shareholders.
F7: These restricted stock units vest in accordance with the following schedule: 615 vest on the earlier of May 4, 2012 or the day immediately prior to the 2012 annual meeting of shareholders; 615 vest on the earlier of May 4, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; and 615 vest on the earlier of May 4, 2014 or the day immediately prior to the 2014 annual meeting of shareholders.
F8: These options vest in accordance with the following schedule: 548 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 547 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 548 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.
F9: These restricted stock units vest in accordance with the following schedule: 483 vest on the earlier of May 17, 2013 or the day immediately prior to the 2013 annual meeting of shareholders; 483 vest on the earlier of May 17, 2014 or the day immediately prior to the 2014 annual meeting of shareholders; and 483 vest on the earlier of May 17, 2015 or the day immediately prior to the 2015 annual meeting of shareholders.