X0306 4 2018-05-17 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001284848 SILBERSTEIN JASON V C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 0 1 0 0 EVP - Site Leasing Class A Common Stock 2018-05-17 4 S 0 3170 157.75 D 15828 D Stock Options (Right to Buy) 95.53 2021-03-06 Class A Common Stock 12831 12831 D Stock Options (Right to Buy) 124.59 2022-03-05 Class A Common Stock 46965 46965 D Restricted Stock Units Class A Common Stock 1176 1176 D Stock Options (Right to Buy) 96.58 2023-03-04 Class A Common Stock 58918 58918 D Restricted Stock Units Class A Common Stock 2880 2880 D Stock Options (Right to Buy) 115.17 2024-03-06 Class A Common Stock 50262 50262 D Restricted Stock Units Class A Common Stock 3870 3870 D Stock Options (Right to Buy) 156.50 2025-03-06 Class A Common Stock 40556 40556 D Restricted Stock Units Class A Common Stock 4227 4227 D These options are immediately exercisable. These options vest in accordance with the following schedule: 11,741 vest on each of the first through third anniversaries of the grant date and 11,742 vest on the fourth anniversary of the grant date (March 5, 2015). 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: 1,175 vest on each of the first through third anniversaries of the grant date and 1,176 vest on the fourth anniversary of the grant date (March 5, 2015). These options vest in accordance with the following schedule: 14,729 vest on each of the first and the third anniversary of the grant date and 14,730 vest on each of the second and the fourth anniversary of the grant date (March 4, 2016). These restricted stock units vest in accordance with the following schedule: 1,439 vest on the first anniversary of the grant date and 1,440 vest on each of the second through fourth anniversaries of the grant date (March 4, 2016). These options vest in accordance with the following schedule: 12,565 vest on each of the first and the second anniversary of the grant date and 12,566 vest on each of the third and the fourth anniversary of the grant date (March 6, 2017). These restricted stock units vest in accordance with the following schedule: 1,289 vest on the first anniversary of the grant date and 1,290 vest on each of the second through fourth anniversaries of the grant date (March 6, 2017). These options vest in accordance with the following schedule: 10,139 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018). These restricted stock units vest in accordance with the following schedule: 1,056 vest on the first anniversary of the grant date and 1,057 vest on each of the second through fourth anniversaries of the grant date (March 6, 2018). /s/ Thomas P. Hunt, Attorney-in-Fact 2018-05-21