SBA COMMUNICATIONS CORP

CUSIP: 78388J106 Class: COMMON STOCK

Darsana Capital Partners LP's Holding History (CIK: 0001609098)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016
Shares 850,000 Value ($000) $95,336 Avg Close — Range —
Q2 2016
Shares 850,000 Value ($000) $91,749 Avg Close — Range —
Q1 2016
Shares 1,540,000 Value ($000) $154,262 Avg Close — Range —
Q4 2015
Shares 1,100,000 Value ($000) $115,577 Avg Close — Range —
Q3 2015
Shares 925,000 Value ($000) $96,885 Avg Close — Range —
Q2 2015
Shares 800,000 Value ($000) $91,976 Avg Close — Range —