$SBAC·4

SBA COMMUNICATIONS CORP · Sep 12, 4:52 PM ET

SBA COMMUNICATIONS CORP 4

4 · SBA COMMUNICATIONS CORP · Filed Sep 12, 2008

Insider Transaction Report

Form 4
Period: 2008-09-10
MACAIONE ANTHONY J
Senior Vice President and CFO
Transactions
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2008-09-1018,7500 total
    Exercise: $4.30Exp: 2014-04-19Class A Common Stock (18,750 underlying)
  • Exercise/Conversion

    Class A Common Stock

    2008-09-10$4.30/sh+18,750$80,62541,612 total
  • Exercise/Conversion

    Class A Common Stock

    2008-09-10$8.56/sh+2,263$19,37143,875 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2008-09-102,26341,224 total
    Exercise: $8.56Exp: 2015-02-01Class A Common Stock (2,263 underlying)
Holdings
  • Stock Options (Right to Buy)

    Exercise: $19.10Exp: 2016-01-19Class A Common Stock (46,500 underlying)
    46,500
  • Stock Options (Right to Buy)

    Exercise: $32.39Exp: 2015-02-28Class A Common Stock (50,000 underlying)
    50,000
Footnotes (6)
  • [F1]These options are immediately exercisable.
  • [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).
  • [F5]These options vest in accordance with the following schedule: 12,500 vest on each of the first through fourth anniversaries of the grant date (February 28, 2008).
  • [F6]Includes 158 shares acquired in May 2008 and 167 shares acquired in August 2008 under the SBA Communications Corporation 1999 Employee Stock Purchase Plan.

Documents

1 file
  • 4
    rrd218475.xmlPrimary

    FORM 4 - OPTION EXERCISE