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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to Buy) | $ 47.52 | (6) | 03/06/2019 | Class A Common Stock | 6,861 | 6,861 | D | ||||||||
Restricted Stock Units | (7) | 03/06/2016 | M | 1,518 | (8) | (8) | Class A Common Stock | 1,518 | (3) | 0 | D | ||||
Stock Options (Right to Buy) | $ 72.99 | (9) | 03/06/2020 | Class A Common Stock | 20,877 | 20,877 | D | ||||||||
Restricted Stock Units | (7) | 03/06/2016 | M | 1,367 | (10) | (10) | Class A Common Stock | 1,367 | (4) | 1,367 | D | ||||
Stock Options (Right to Buy) | $ 95.53 | (11) | 03/06/2021 | Class A Common Stock | 51,322 | 51,322 | D | ||||||||
Restricted Stock Units | (7) | 03/06/2016 | M | 1,302 | (12) | (12) | Class A Common Stock | 1,302 | (5) | 2,603 | D | ||||
Stock Options (Right to Buy) | $ 124.59 | (13) | 03/05/2022 | Class A Common Stock | 46,965 | 46,965 | D | ||||||||
Restricted Stock Units | (7) | 03/05/2016 | M | 1,175 | (14) | (14) | Class A Common Stock | 1,175 | (1) | 3,526 | D | ||||
Stock Options (Right to Buy) | $ 96.58 | 03/04/2016 | A | 58,918 | (15) | 03/04/2023 | Class A Common Stock | 58,918 | $ 0 | 58,918 | D | ||||
Restricted Stock Units | (7) | 03/04/2016 | A | 5,759 | (16) | (16) | Class A Common Stock | 5,759 | $ 0 | 5,759 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SILBERSTEIN JASON V C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON, FL 33487 |
EVP - Site Leasing |
/s/ Thomas P. Hunt, Attorney-in-Fact | 03/08/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On March 5, 2016, 1,175 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
(2) | Shares withheld for payment of tax liability. |
(3) | On March 6, 2016, 1,518 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
(4) | On March 6, 2016, 1,367 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
(5) | On March 6, 2016, 1,302 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. |
(6) | These options are immediately exercisable. |
(7) | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |
(8) | These restricted stock units vest in accordance with the following schedule: 1,517 vest on each of the first through third anniversaries of the grant date and 1,518 vest on the fourth anniversary of the grant date (March 6, 2012). |
(9) | These options vest in accordance with the following schedule: 10,438 vest on each of the first through third anniversaries of the grant date and 10,439 vest on the fourth anniversary of the grant date (March 6, 2013). |
(10) | 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, 2013). |
(11) | These options vest in accordance with the following schedule: 12,830 vest on each of the first and the third anniversary of the grant date and 12,831 vest on each of the second and the fourth anniversary of the grant date (March 6, 2014). |
(12) | These restricted stock units vest in accordance with the following schedule: 1,301 vest on each of the first and the third anniversary of the grant date and 1,302 vest on each of the second and the fourth anniversary of the grant date (March 6, 2014). |
(13) | These options vest in accordance with the following schedule: 11,741 vest on each of the first through third anniversaries of the grant date and 11,742 vest on the fourth anniversary of the grant date (March 5, 2015). |
(14) | These restricted stock units vest in accordance with the following schedule: 1,175 vest on each of the first through third anniversaries of the grant date and 1,176 vest on the fourth anniversary of the grant date (March 5, 2015). |
(15) | These options vest in accordance with the following schedule: 14,729 vest on each of the first and the third anniversary of the grant date and 14,730 vest on each of the second and the fourth anniversary of the grant date (March 4, 2016). |
(16) | These restricted stock units vest in accordance with the following schedule: 1,439 vest on the first anniversary of the grant date and 1,440 vest on each of the second through fourth anniversaries of the grant date (March 4, 2016). |