UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b),
(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE
13d-2(b)
(Amendment No. 3)
SBA Communications Corporation
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(Name of Issuer)
Class A Common Stock, $0.01 Par Value
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(Title of Class of Securities)
78388J106
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(CUSIP Number)
December 31, 2002
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
_____________________
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 78388J106 13G Page 2 of 7 Pages
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NAME OF REPORTING PERSON/
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)
Steven E. Bernstein
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
2
(b)[_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
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SOLE VOTING POWER
5
Number of 5,987,626
Shares --------------------------------------------------
Beneficially SHARED VOTING POWER
Owned by 6
Each 0
Reporting --------------------------------------------------
Person SOLE DISPOSITIVE POWER
With 7
5,987,626
--------------------------------------------------
SHARED DISPOSITIVE POWER
8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
5,987,626
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.6%
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TYPE OF REPORTING PERSON
12
IN
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2
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CUSIP No. 78388J106 13G Page 3 of 7 Pages
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NAME OF REPORTING PERSON/
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)
Bernstein Family Limited Partnership II
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
2
(b)[_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
Number of 3,556,236
Shares --------------------------------------------------
Beneficially SHARED VOTING POWER
Owned by 6
Each 0
Reporting --------------------------------------------------
Person SOLE DISPOSITIVE POWER
With 7
3,556,236
--------------------------------------------------
SHARED DISPOSITIVE POWER
8
0
--------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,556,236
--------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.3%
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TYPE OF REPORTING PERSON
12
PN
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3
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CUSIP No. 78388J106 13G Page 4 of 7 Pages
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Item 1(a). Name of Issuer:
SBA Communications Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
5900 Broken Sound Parkway NW
Boca Raton, FL 33487
Item 2(a). Name of Person Filing:
Steven E. Bernstein ("Bernstein")
Bernstein Family Limited Partnership II ("Bernstein Partnership II")
Item 2(b). Address of Principal Business Office or, if None, Residence:
The principal business office of the Reporting Person is:
Bernstein: 5900 Broken Sound Parkway NW
Boca Raton, FL 33487
Bernstein Partnership II: 300 Delaware Avenue, Suite 900
Wilmington, DE 19801
Item 2(c). Citizenship:
Bernstein: United States
Bernstein Partnership II: Delaware
Item 2(d). Title of Class of Securities:
Class A Common Stock, par value $.01 per share.
Item 2(e). CUSIP Number:
78388J106
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) [_] Broker or dealer registered under Section 15 of the
Exchange Act;
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
4
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CUSIP No. 78388J106 13G Page 5 of 7 Pages
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(d) [_] Investment company registered under Section 8 of the
Investment Company Act;
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)
(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount beneficially owned:
Bernstein: 5,987,626
Bernstein Partnership II: 3,556,236
Bernstein beneficially owns 285,556 shares directly, 3,556,236
shares indirectly through Bernstein Partnership II (Bernstein is
the sole shareholder of the General Partner) and 2,145,834
shares indirectly through other entities.
(b) Percent of class:
Bernstein: 11.6%
Bernstein Partnership II: 7.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
Bernstein: 5,987,626
Bernstein Partnership II: 3,556,236
(ii) Shared power to vote or to direct the vote
Bernstein: 0
Bernstein Partnership II: 0
5
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CUSIP No. 78388J106 13G Page 6 of 7 Pages
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(iii) Sole power to dispose or to direct the disposition of
Bernstein: 5,987,626
Bernstein Partnership II: 3,556,236
(iv) Shared power to dispose or to direct the disposition of
Bernstein: 0
Bernstein Partnership II: 0
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the Reporting Person has ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following [_].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or
Control Person.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
N/A
6
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 14, 2003
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(Date)
/s/ Steven E. Bernstein
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Steven E. Bernstein
BERNSTEIN FAMILY LIMITED PARTNERSHIP II
/s/ Steven E. Bernstein
--------------------------------
By: Steven E. Bernstein,
Sole Shareholder of Bernstein Investment
Company II, Inc., its General Partner
7
EXHIBIT A
Joint Filing Agreement
The undersigned persons, on February 14, 2003, agree and consent to the
joint filing on their behalf of this Amendment No. 3 to Schedule 13G in
connection with their beneficial ownership of the Class A Common Stock of SBA
Communications Corporation at December 31, 2002.
/s/ Steven E. Bernstein
--------------------------------
Steven E. Bernstein
BERNSTEIN FAMILY LIMITED PARTNERSHIP II
/s/ Steven E. Bernstein
--------------------------------
By: Steven E. Bernstein,
Sole Shareholder of Bernstein Investment
Company II, Inc., its General Partner