<SEC-DOCUMENT>0001209191-23-058869.txt : 20231215
<SEC-HEADER>0001209191-23-058869.hdr.sgml : 20231215
<ACCEPTANCE-DATETIME>20231215183015
ACCESSION NUMBER:		0001209191-23-058869
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20231213
FILED AS OF DATE:		20231215
DATE AS OF CHANGE:		20231215

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lazarus Brian D
		CENTRAL INDEX KEY:			0001444362

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16853
		FILM NUMBER:		231491764

	MAIL ADDRESS:	
		STREET 1:		5900 BROKEN SOUND PARKWAY, NW
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33487

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SBA COMMUNICATIONS CORP
		CENTRAL INDEX KEY:			0001034054
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				650716501
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		8051 CONGRESS AVENUE
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33487
		BUSINESS PHONE:		5612269345

	MAIL ADDRESS:	
		STREET 1:		8051 CONGRESS AVENUE
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33487
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
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        <issuerTradingSymbol>SBAC</issuerTradingSymbol>
    </issuer>

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            <rptOwnerName>Lazarus Brian D</rptOwnerName>
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                    <footnoteId id="F6"/>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1717</value>
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                    <value>1717</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Performance Restricted Stock Units</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
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            <expirationDate>
                <footnoteId id="F18"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
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                <underlyingSecurityShares>
                    <value>1717</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>1717</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        <derivativeHolding>
            <securityTitle>
                <value>Performance Restricted Stock Units</value>
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            <conversionOrExercisePrice>
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            <exerciseDate>
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            <expirationDate>
                <footnoteId id="F19"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
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                <underlyingSecurityShares>
                    <value>1717</value>
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                    <value>1717</value>
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    <footnotes>
        <footnote id="F1">Reflects shares previously held directly by the Reporting Person which were contributed to the Reporting Person's GRAT (defined below).</footnote>
        <footnote id="F2">Includes 77.062 shares acquired through a dividend reinvestment plan.</footnote>
        <footnote id="F3">Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $248.04 to $248.98 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.</footnote>
        <footnote id="F4">Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $249.48 to $250.43 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.</footnote>
        <footnote id="F5">Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $250.59 to $251.42 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.</footnote>
        <footnote id="F6">Includes 219.876 shares acquired through a dividend reinvestment plan.</footnote>
        <footnote id="F7">These shares are held by the Reporting Person's grantor retained annuity trust (&quot;GRAT&quot;), of which the Reporting Person is the trustee and annuitant.</footnote>
        <footnote id="F8">These options are immediately exercisable.</footnote>
        <footnote id="F9">Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.</footnote>
        <footnote id="F10">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).</footnote>
        <footnote id="F11">Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.</footnote>
        <footnote id="F12">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.</footnote>
        <footnote id="F13">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.</footnote>
        <footnote id="F14">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).</footnote>
        <footnote id="F15">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.</footnote>
        <footnote id="F16">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.</footnote>
        <footnote id="F17">These restricted stock units vest in accordance with the following schedule: 572 vest on the first and second anniversaries of the grant date and 573 vest on the third anniversary of the grant date (March 6, 2023).</footnote>
        <footnote id="F18">These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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.</footnote>
        <footnote id="F19">These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 6, 2026, 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.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Joshua Koenig, Attorney-in-Fact</signatureName>
        <signatureDate>2023-12-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
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</SEC-DOCUMENT>
