UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
SBA Communications Corp.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
78388J106
(CUSIP Number)
December 31, 2000
(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)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
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).
CUSIP No. 78388J106
1. NAME OF REPORTING PERSONS
I.R.S. Identification Nos. of above
persons (entities only).
Nevis Capital Management, Inc.
52-1740975
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
Number of 5. SOLE VOTING POWER:
Shares 0
Beneficially
Owned by 6. SHARED VOTING POWER:
Each 1,647,753
Reporting
Person With 7. SOLE DISPOSITIVE POWER:
0
8. SHARED DISPOSITIVE POWER:
1,647,753
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
1,647,753
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
4.06%
12. TYPE OF REPORTING PERSON:
IA
CUSIP No. 78388J106
1. NAME OF REPORTING PERSONS
I.R.S. Identification Nos. of above
persons (entities only).
Jon C. Baker
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
Number of 5. SOLE VOTING POWER:
Shares 0
Beneficially
Owned by 6. SHARED VOTING POWER:
Each 2,360,953
Reporting
Person With 7. SOLE DISPOSITIVE POWER:
0
8. SHARED DISPOSITIVE POWER:
2,360,953
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
2,360,953
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
5.8%
12. TYPE OF REPORTING PERSON:
IN
CUSIP No. 78388J106
1. NAME OF REPORTING PERSONS
I.R.S. Identification Nos. of above
persons (entities only).
David R. Wilmerding, III
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
Number of 5. SOLE VOTING POWER:
Shares 0
Beneficially
Owned by 6. SHARED VOTING POWER:
Each 2,360,953
Reporting
Person With 7. SOLE DISPOSITIVE POWER:
0
8. SHARED DISPOSITIVE POWER:
2,360,953
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
2,360,953
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES:
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
5.8%
12. TYPE OF REPORTING PERSON:
IN
ITEM 1.
(a) Name of Issuer:
SBA Communications Corp.
(b) Address of Issuer's Principal Executive Offices:
One Town Center Road
3rd Floor
Boca Raton, FL 33486
ITEM 2.
(a) Name of Person Filing:
NEVIS CAPITAL MANAGEMENT, INC. ("Nevis")
Jon C. Baker ("Baker")
David R. Wilmerding, III ("Wilmerding")
(b) Address of Principal Business Office or, if none, Residence:
Nevis, Baker, and Wilmerding - 1119 St. Paul St, Baltimore MD 21202
(c) Citizenship:
Nevis - MARYLAND
Baker and Wilmerding - USA
(d) Title of Class of Securities:
COMMON STOCK
(e) CUSIP Number:
78388J106
ITEM 3. If this statement is filed pursuant to Sections 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15
of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the
Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in Section 3(a)(19)
of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under Section 8 of
the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with
Section 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in
accordance with Section 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition
of an investment company under Section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with
Section 240.13d-1(b)(1)(ii)(J).
ITEM 4. Ownership
(a) Amount Beneficially Owned:
Nevis: 1,647,753
Baker and Wilmerding: 2,360,953, 713,200 of which are
held by Nevis Capital Management Partners LLC ("Partners"),
formerly known as Nevis Capital Management LLC
(b) Percent of Class:
Nevis: 4.06
Baker and Wilmerding: 5.8%
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct vote:
Nevis: 0
Baker: 0
Wilmerding: 0
(ii) shared power to vote or to direct the vote:
Nevis: 1,647,753
Baker and Wilmerding: 2,360,953
(iii) sole power to dispose or to direct the disposition of:
Nevis: 0
Baker: 0
Wilmerding: 0
(iv) shared power to dispose or to direct the disposition:
Nevis: 1,647,753
Baker and Wilmerding: 2,360,953
Item 5. Ownership of Five Percent or Less of a Class
Nevis reports that it owns less than 5% of the class since 713,200
shares reported on a previous filing are actually owned by Partners.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
(b) The following certification shall be included if the
statement is filed pursuant to 240.13d-1(c):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that
purpose or effect.
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.
05-11-01
----------------------------------
Date
Nevis Capital Management, Inc.
By: /s/ David R. Wilmerding, III
----------------------------------------
David R. Wilmerding, III, President
05-11-01
----------------------------------
Date
/s/ Jon C. Baker
----------------------------------
Jon C. Baker
05-11-01
-----------------------------------
Date
/s/ David R. Wilmerding, III
------------------------------------
David R. Wilmerding, III
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