FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HUNT THOMAS P		 2. Issuer Name and Ticker or Trading Symbol

SBA COMMUNICATIONS CORP [ SBAC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive VP/General Counsel
(Last)          (First)          (Middle)

C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE		 3. Date of Earliest Transaction (MM/DD/YYYY)

3/4/2022
(Street)

BOCA RATON, FL 33487
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 3/4/2022  M  1290 A (1)119967 D  
Class A Common Stock 3/6/2022  M  1409 A (2)121376 D  
Class A Common Stock 3/6/2022  M  1367 A (3)122743 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy) $156.50            (4)3/6/2025 Class A Common Stock 13519  13519 D  
Restricted Stock Units  (5)3/6/2022  M     1409   (6) (6)Class A Common Stock 1409  (2)0 D  
Stock Options (Right to Buy) $182.30            (7)3/6/2026 Class A Common Stock 29391  29391 D  
Restricted Stock Units  (5)3/6/2022  M     1367   (8) (8)Class A Common Stock 1367  (3)1367 D  
Restricted Stock Units  (5)           (9) (9)Class A Common Stock 1286  1286 D  
Performance Restricted Stock Units  (10)           (11) (11)Class A Common Stock 3856  3856 D  
Performance Restricted Stock Units  (10)           (12) (12)Class A Common Stock 3856  3856 D  
Restricted Stock Units  (5)3/4/2022  M     1290   (13) (13)Class A Common Stock 1290  (1)2582 D  
Performance Restricted Stock Units  (10)           (14) (14)Class A Common Stock 3872  3872 D  
Performance Restricted Stock Units  (10)           (15) (15)Class A Common Stock 3872  3872 D  
Restricted Stock Units  (5)3/4/2022  A   3413     (16) (16)Class A Common Stock 3413 $0.00 3413 D  
Performance Restricted Stock Units  (10)3/4/2022  A   3413     (17) (17)Class A Common Stock 3413 $0.00 3413 D  
Performance Restricted Stock Units  (10)3/4/2022  A   3413     (18) (18)Class A Common Stock 3413 $0.00 3413 D  
Explanation of Responses:
(1) On March 4, 2022, 1,290 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
(2) On March 6, 2022, 1,409 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
(3) On March 6, 2022, 1,367 of the Reporting Person's restricted stock units were settled for an equal number of shares of Class A Common Stock.
(4) These options are immediately exercisable.
(5) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
(6) These restricted stock units vest in accordance with the following schedule: 1,409 vest on each of the first through fourth anniversaries of the grant date (March 6, 2018).
(7) These options vest in accordance with the following schedule: 14,695 vest on each of the first through third anniversaries of the grant date and 14,696 vest on the fourth anniversary of the grant date (March 6, 2019).
(8) These restricted stock units vest in accordance with the following schedule: 1,366 vest on the first anniversary of the grant date and 1,367 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).
(9) These restricted stock units vest in accordance with the following schedule: 1,285 vest on the first and second anniversaries of the grant date and 1,286 vest on the third anniversary of the grant date (February 25, 2020).
(10) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
(11) 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.
(12) 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.
(13) These restricted stock units vest in accordance with the following schedule: 1,290 vest on the first anniversary of the grant date and 1,291 vest on each of the second and third anniversaries of the grant date (March 4, 2021).
(14) 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.
(15) 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.
(16) These restricted stock units vest in accordance with the following schedule: 1,137 vest on the first anniversary of the grant date and 1,138 vest on each of the second and third anniversaries of the grant date (March 4, 2022).
(17) 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.
(18) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
HUNT THOMAS P
C/O SBA COMMUNICATIONS CORPORATION
8051 CONGRESS AVENUE
BOCA RATON, FL 33487

Executive VP/General Counsel
Signatures
/s/ Thomas P. Hunt3/8/2022
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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