UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Date of Report July 26, 1999 SBA COMMUNICATIONS CORPORATION ------------------------------ (Exact name of registrant as specified in its charter) Florida 333-50219 65-0716501 - ------------------------------------------------------------------------------------------------ (State or other jurisdiction of Commission File Number (I.R.S. Employer incorporation or organization) Identification No.) One Town Center Road, Boca Raton, Florida 33486 - ------------------------------------------------------------------------------------------------ (Address of principal executive offices) (Zip code) (561) 995-7670 - ------------------------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Item 5 Other Events SBA Communications Corporation ("SBAC") announced that the managing underwriters of its initial public offering, which was declared effective June 16, 1999, have exercised and closed on their right to purchase an additional 1,300,000 shares of SBAC Class A common stock. The Company received all of the net proceeds from the sale of the shares, which were sold at the initial public offering price of $9.00 per share. A copy of the press release issued by SBAC on July 19, 1999 is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 7 Financial Statements and Exhibits (c) Exhibits 99.1 Press release dated July 19, 1999 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. July 26, 1999 /s/ Jeffrey A. Stoops ---------------------- Jeffrey A. Stoops Chief Financial Officer