X0306 4 2022-03-04 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001444362 Lazarus Brian D C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 SVP & Chief Accounting Officer Class A Common Stock 2022-03-04 4 M 0 541 A 21897.656 D Class A Common Stock 2022-03-04 4 F 0 212.883 326.03 D 21684.773 D Class A Common Stock 2022-03-06 4 M 0 554 A 22238.773 D Class A Common Stock 2022-03-06 4 M 0 546 A 22784.773 D Class A Common Stock 2022-03-06 4 F 0 432.85 330.90 D 22351.923 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 21243 21243 D Restricted Stock Units 2022-03-06 4 M 0 554 D Class A Common Stock 554 0 D Stock Options (Right to Buy) 182.30 2026-03-06 Class A Common Stock 23512 23512 D Restricted Stock Units 2022-03-06 4 M 0 546 D Class A Common Stock 546 547 D Restricted Stock Units Class A Common Stock 519 519 D Performance Restricted Stock Units Class A Common Stock 1555 1555 D Performance Restricted Stock Units Class A Common Stock 1555 1555 D Restricted Stock Units 2022-03-04 4 M 0 541 D Class A Common Stock 541 1083 D Performance Restricted Stock Units Class A Common Stock 1624 1624 D Performance Restricted Stock Units Class A Common Stock 1624 1624 D Restricted Stock Units 2022-03-06 4 A 0 1463 0.00 A Class A Common Stock 1463 1463 D Performance Restricted Stock Units 2022-03-06 4 A 0 1463 0.00 A Class A Common Stock 1463 1463 D Performance Restricted Stock Units 2022-03-06 4 A 0 1463 0.00 A Class A Common Stock 1463 1463 D On March 4, 2022, 541 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. Includes 72 shares acquired on February 28, 2022 pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan. Shares withheld for payment of tax liability. On March 6, 2022, 554 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock. On March 6, 2022, 546 of the Reporting Person's restricted stock units were settled for an equal number of shares 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: 553 vest on each of the first and third anniversaries of the grant date and 554 vest on each of the second and fourth anniversaries of the grant date (March 6, 2018). These options vest in accordance with the following schedule: 5,878 vest on each of the first through fourth anniversaries of the grant date (March 6, 2019). These restricted stock units vest in accordance with the following schedule: 546 vest on each of the first and third anniversaries of the grant date and 547 vest on each of the second and fourth anniversaries of the grant date (March 6, 2019). These restricted stock units vest in accordance with the following schedule: 518 vest on the first and second anniversaries of the grant date and 519 vest on the third anniversary of the grant date (February 25, 2020). Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition. These restricted stock units vest in accordance with the following schedule: 541 vest on each of the first and second anniversaries of the grant date and 542 vest on the third anniversary of the grant date (March 4, 2021). These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition. These restricted stock units vest in accordance with the following schedule: 487 vest on the first anniversary of the grant date and 488 vest on each of the second and third anniversaries of the grant date (March 4, 2022). These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition. /s/ Thomas P. Hunt, Attorney-in-Fact 2022-03-08