X0306 4 2021-05-01 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001641154 Chan Mary S C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 0 0 0 Class A Common Stock 2021-05-01 4 M 0 201 A 3032.8635 D Class A Common Stock 2021-05-01 4 M 0 182 A 3214.8635 D Class A Common Stock 2021-05-01 4 M 0 190 A 3404.8635 D Stock Options (Right to Buy) 132.00 2024-05-18 Class A Common Stock 1977 1977 D Stock Options (Right to Buy) 157.51 2025-05-17 Class A Common Stock 1411 1411 D Restricted Stock Units 2021-05-01 4 M 0 201 D Class A Common Stock 201 0 D Stock Options (Right to Buy) 212.31 2026-05-16 Class A Common Stock 1501 1501 D Restricted Stock Units 2021-05-01 4 M 0 182 D Class A Common Stock 182 183 D Restricted Stock Units 2021-05-01 4 M 0 190 D Class A Common Stock 190 380 D On May 1, 2021, 201 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. Includes 19.2695 shares acquired through a dividend reinvestment plan. On May 1, 2021, 182 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. On May 1, 2021, 190 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. These options are immediately exercisable. 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: 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: 181 vest on May 1, 2020; 182 vest on May 1, 2021; and 183 vest on May 1, 2022. These restricted stock units vest in accordance with the following schedule: 190 vest on May 1, 2021; 190 vest on May 1, 2022; and 190 vest on May 1, 2023. /s/ Thomas P. Hunt, Attorney-in-Fact 2021-05-04