SBA COMMUNICATIONS CORP 4

4 · SBA COMMUNICATIONS CORP · Filed Nov 5, 2007

Form 4

Period: 2007-11-02

Senior Vice President and CFO

Transactions

Exercise/Conversion
Stock Options (Right to Buy)
2007-11-02−18,750→ 18,750 total
Exercise: $4.30Exp: 2014-04-19→ Class A Common Stock (18,750 underlying)
Exercise/Conversion
Class A Common Stock
2007-11-02$4.30/sh+18,750$80,625→ 40,907 total
Exercise/Conversion
Class A Common Stock
2007-11-02$8.56/sh+2,263$19,371→ 43,170 total
Exercise/Conversion
Stock Options (Right to Buy)
2007-11-02−2,263→ 43,487 total
Exercise: $8.56Exp: 2015-02-01→ Class A Common Stock (2,263 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $28.54Exp: 2014-02-26→ Class A Common Stock (46,500 underlying)
46,500
Stock Options (Right to Buy)
Exercise: $19.10Exp: 2016-01-19→ Class A Common Stock (46,500 underlying)
46,500

Footnotes (4)

[F1]These options vest in accordance with the following schedule: 18,750 vest on each of the first through fourth anniversaries of the grant date (April 19, 2004).
[F2]These options vest in accordance with the following schedule: 15,250 vest on each of the first through fourth anniversaries of the grant date (February 1, 2005).
[F3]These options vest in accordance with the following schedule: 11,625 vest on each of the first through fourth anniversaries of the grant date (January 19, 2006).
[F4]These options vest in accordance with the following schedule: 11,625 vest on each of the first through fourth anniversaries of the grant date (February 26, 2007).

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