X0306 4 2019-08-14 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001473955 Krouse George R Jr C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2019-08-14 4 S 0 620 258.26 D 10000 D Stock Options (Right to Buy) 132.00 2024-05-18 Class A Common Stock 660 660 D Restricted Stock Units Class A Common Stock 270 270 D Stock Options (Right to Buy) 157.51 2025-05-17 Class A Common Stock 1411 1411 D Restricted Stock Units Class A Common Stock 402 402 D Stock Options (Right to Buy) 212.31 2026-05-16 Class A Common Stock 1501 1501 D Restricted Stock Units Class A Common Stock 546 546 D Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $258.01 to $258.99 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. These options vest in accordance with the following schedule: 658 vest on May 1, 2018; 659 vest on May 1, 2019; and 660 vest on May 1, 2020. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These restricted stock units vest in accordance with the following schedule: 268 vest on May 1, 2018; 269 vest on May 1, 2019; and 270 vest on May 1, 2020. These options vest in accordance with the following schedule: 470 vest on May 1, 2019; 470 vest on May 1, 2020; and 471 vest on May 1, 2021. These restricted stock units vest in accordance with the following schedule: 200 vest on May 1, 2019; 201 vest on May 1, 2020; and 201 vest on May 1, 2021. These options vest in accordance with the following schedule: 500 vest on May 1, 2020; 500 vest on May 1, 2021; and 501 vest on May 1, 2022. These restricted stock units vest in accordance with the following schedule: 182 vest on May 1, 2020; 182 vest on May 1, 2021; and 182 vest on May 1, 2022. /s/Thomas P. Hunt, Attorney-in-Fact 2019-08-16