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SBA COMMUNICATIONS CORP — Director's Dealing 2017
May 17, 2017
30276_dirs_2017-05-16_b5386b95-790a-4667-8613-89d255f5447e.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: 2017-05-08
Reporting Person: Krouse George R Jr (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-08 | Class A Common Stock | M | 303 | — | Acquired | 9303 | Direct |
| 2017-05-08 | Class A Common Stock | F | 107 | $129.62 | Disposed | 9196 | Direct |
| 2017-05-13 | Class A Common Stock | M | 302 | — | Acquired | 9498 | Direct |
| 2017-05-13 | Class A Common Stock | F | 106 | $127.53 | Disposed | 9392 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-08 | Restricted Stock Units | $ | M | 303 | Disposed | Class A Common Stock (303) | Direct | |
| 2017-05-13 | Restricted Stock Units | $ | M | 302 | Disposed | Class A Common Stock (302) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $37.76 | 2018-05-04 | Class A Common Stock (1343) | 1343 | Direct |
| Stock Options (Right to Buy) | $50.35 | 2019-05-17 | Class A Common Stock (1643) | 1643 | Direct |
| Stock Options (Right to Buy) | $79.67 | 2020-05-09 | Class A Common Stock (1999) | 1999 | Direct |
| Stock Options (Right to Buy) | $96.80 | 2021-05-08 | Class A Common Stock (2202) | 2202 | Direct |
| Stock Options (Right to Buy) | $113.55 | 2022-05-21 | Class A Common Stock (1899) | 1899 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (498) | 498 | Direct | |
| Stock Options (Right to Buy) | $100.00 | 2023-05-13 | Class A Common Stock (2308) | 2308 | Direct |
Footnotes
F1: On May 8, 2017, 303 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2: Shares withheld for tax liability.
F3: On May 13, 2017, 302 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F4: These options are immediately exercisable.
F5: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F6: These restricted stock units vest in accordance with the following schedule: 303 vest on the earlier of May 8, 2015 or the day immediately prior to the 2015 annual meeting of shareholders; 303 vest on the earlier of May 8, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; and 303 vest on the earlier of May 8, 2017 or the day immediately prior to the 2017 annual meeting of shareholders.
F7: These options vest in accordance with the following schedule: 633 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 633 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 633 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.
F8: These restricted stock units vest in accordance with the following schedule: 249 vest on the earlier of May 21, 2016 or the day immediately prior to the 2016 annual meeting of shareholders; 249 vest on the earlier of May 21, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; and 249 vest on the earlier of May 21, 2018 or the day immediately prior to the 2018 annual meeting of shareholders.
F9: These options vest in accordance with the following schedule: 769 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 769 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 770 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.
F10: These restricted stock units vest in accordance with the following schedule: 302 vest on the earlier of May 13, 2017 or the day immediately prior to the 2017 annual meeting of shareholders; 302 vest on the earlier of May 13, 2018 or the day immediately prior to the 2018 annual meeting of shareholders; and 303 vest on the earlier of May 13, 2019 or the day immediately prior to the 2019 annual meeting of shareholders.