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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Cavanagh Brendan Thomas   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) Senior Vice President & CFO (Last) (First) (Middle) C/O SBA COMMUNICATIONS CORPORATION, 5900 BROKEN SOUND PARKWAY NW 3. Date of Earliest Transaction (Month/Day/Year) 12/02/2009 (Street) BOCA RATON, FL 33487 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 12/02/2009   S   37,542 D $ 33.314 (1) 1,221 D   Class A Common Stock 12/02/2009   M   15,526 A $ 8.56 16,747 D   Class A Common Stock 12/02/2009   M   2,418 A $ 8 19,165 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$ 8	12/02/2009		M			417	(2)	12/16/2009	Class A Common Stock	417	$ 0	0	D
Stock Options (Right to Buy)	$ 8	12/02/2009		M			1,167	(2)	09/13/2010	Class A Common Stock	1,167	$ 0	0	D
Stock Options (Right to Buy)	$ 8	12/02/2009		M			184	(2)	01/07/2012	Class A Common Stock	184	$ 0	0	D
Stock Options (Right to Buy)	$ 8	12/02/2009		M			650	(2)	01/07/2012	Class A Common Stock	650	$ 0	0	D
Stock Options (Right to Buy)	$ 8.56	12/02/2009		M			15,526	(2)	02/01/2015	Class A Common Stock	15,526	$ 0	4,474	D
Stock Options (Right to Buy)	$ 19.1							(3)	01/19/2016	Class A Common Stock	35,000		35,000	D
Stock Options (Right to Buy)	$ 28.54							(4)	02/26/2014	Class A Common Stock	35,000		35,000	D
Stock Options (Right to Buy)	$ 32.39							(5)	02/28/2015	Class A Common Stock	40,000		40,000	D
Stock Options (Right to Buy)	$ 19.68							(6)	03/05/2016	Class A Common Stock	61,628		61,628	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Cavanagh Brendan Thomas C/O SBA COMMUNICATIONS CORPORATION 5900 BROKEN SOUND PARKWAY NW BOCA RATON, FL 33487			Senior Vice President & CFO

Signatures

/s/ Brendan T. Cavanagh		12/04/2009
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $33.07 to $33.43 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.
(2)	These options are immediately exercisable.
(3)	These options vest in accordance with the following schedule: 8,750 vest on each of the first through fourth anniversaries of the grant date (January 19, 2006).
(4)	These options vest in accordance with the following schedule: 8,750 vest on each of the first through fourth anniversaries of the grant date (February 26, 2007).
(5)	These options vest in accordance with the following schedule: 10,000 vest on each of the first through fourth anniversaries of the grant date (February 28, 2008).
(6)	These options vest in accordance with the following schedule: 15,407 vest on each of the first through fourth anniversaries of the grant date (March 5, 2009).

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