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CHARTWELL INVESTMENT PARTNERS
> SBAC
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2014 | SBA COMMUNICATIONS CORP | SBAC | 338,345 | 6,145 | 30,776,000 | 4,047,000 | $90.96 |
| 12/31/2013 | SBA COMMUNICATIONS CORP | SBAC | 335,145 | 2,945 | 30,109,000 | 3,380,000 | $89.84 |
| 09/30/2013 | SBA COMMUNICATIONS CORP | SBAC | 332,200 | 332,200 | 26,729,000 | 26,729,000 | $80.46 |
| 03/31/2012 | SBA COMMUNICATIONS CORP | SBAC | 0 | -516,518 | 0 | -22,190,000 | |
| 12/31/2011 | SBA COMMUNICATIONS CORP | SBAC | 516,518 | 491,518 | 22,190,000 | 21,328,000 | $42.96 |
| 09/30/2011 | SBA COMMUNICATIONS CORP | SBAC | 25,000 | 25,000 | 862,000 | 862,000 | $34.48 |
| 06/30/2011 | SBA COMMUNICATIONS CORP | SBAC | 0 | -437,689 | 0 | -17,367,000 | |
| 03/31/2011 | SBA COMMUNICATIONS CORP | SBAC | 437,689 | -1,011,755 | 17,367,000 | -41,973,000 | $39.68 |
| 12/31/2010 | SBA COMMUNICATIONS CORP | SBAC | 1,449,444 | 217,987 | 59,340,000 | 9,712,000 | $40.94 |
| 09/30/2010 | SBA COMMUNICATIONS CORP | SBAC | 1,231,457 | 4,875 | 49,628,000 | 7,912,000 | $40.30 |
| 06/30/2010 | SBA COMMUNICATIONS CORP | SBAC | 1,226,582 | 64,192 | 41,716,000 | -211,000 | $34.01 |
| 03/31/2010 | SBA COMMUNICATIONS CORP | SBAC | 1,162,390 | -658,605 | 41,927,000 | -20,278,000 | $36.07 |
| 12/31/2009 | SBA COMMUNICATIONS CORP | SBAC | 1,820,995 | -362,296 | 62,205,000 | 3,191,000 | $34.16 |
| 09/30/2009 | SBA COMMUNICATIONS CORP | SBAC | 2,183,291 | 551,114 | 59,014,000 | 18,960,000 | $27.03 |
| 06/30/2009 | SBA COMMUNICATIONS CORP | SBAC | 1,632,177 | 1,288,070 | 40,054,000 | 32,036,000 | $24.54 |
| 03/31/2009 | SBA COMMUNICATIONS CORP | SBAC | 344,107 | -141,470 | 8,018,000 | 93,000 | $23.30 |
| 12/31/2008 | SBA COMMUNICATIONS CORP | SBAC | 485,577 | -291,481 | 7,925,000 | -12,177,000 | $16.32 |
| 09/30/2008 | SBA COMMUNICATIONS CORP | SBAC | 777,058 | -476,548 | 20,102,000 | -25,040,000 | $25.87 |
| 06/30/2008 | SBA COMMUNICATIONS CORP | SBAC | 1,253,606 | -54,369 | 45,142,000 | 6,125,000 | $36.01 |
| 03/31/2008 | SBA COMMUNICATIONS CORP | SBAC | 1,307,975 | 185,641 | 39,017,000 | 1,037,000 | $29.83 |
| 12/31/2007 | SBA COMMUNICATIONS CORP | SBAC | 1,122,334 | 1,122,334 | 37,980,000 | 37,980,000 | $33.84 |
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