SBA COMMUNICATIONS CORP — Director's Dealing 2022

May 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2022-05-12

Reporting Person: Johnson Jay LeCoryelle (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-05-12	Restricted Stock Units	$	A	525	Acquired		Class A Common Stock (525)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$328.99	2032-03-28	Class A Common Stock (10000)	10000	Direct

Footnotes

F1: These options vest in accordance with the following schedule: 2,000 vest on each of the first through fifth anniversaries of the grant date (March 28, 2022).

F2: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

F3: These restricted stock units vest in accordance with the following schedule: 175 vest on May 1, 2023; 175 vest on May 1, 2024; and 175 vest on May 1, 2025.