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CROWN CASTLE INC. — Director's Dealing 2018
Sep 14, 2018
30060_dirs_2018-09-14_ec5bfda8-9aab-43b4-ba4e-cca155c3c549.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CROWN CASTLE INTERNATIONAL CORP (CCI)
CIK: 0001051470
Period of Report: 2018-09-05
Reporting Person: Ackerman Robert Carl (SVP-COO-Towers and Small Cell)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-05 | Common Stock $0.01 Par Value | M | 3114 | — | Acquired | 10430 | Direct |
| 2018-09-05 | Common Stock $0.01 Par Value | F | 1354 | $113.64 | Disposed | 9076 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-05 | Time RSUs | $0.0 | M | 3114 | Disposed | Common Stock (3114.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock $0.01 Par Value | 199 | Indirect |
| Common Stock $0.01 Par Value | 199 | Indirect |
| Common Stock $0.01 Par Value | 199 | Indirect |
| Common Stock $0.01 Par Value | 199 | Indirect |
| Common Stock $0.01 Par Value | 99 | Indirect |
Footnotes
F1: Represents shares withheld by the issurer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain shares of restricted stock previously granted to the Reporting Person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).
F2: The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3: Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
F4: Each RSU is issued pursuant to the Company's 2013 Long-Term Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to (i) the reporting person remaining an employee or director of the Company or its affiliates and (ii) the other criteria described in footnote 4 below.
F5: These Time RSUs were previously granted on September 5, 2017. 33 1/3% of the original grant amount of these Time RSUs vest on September 5 of each of 2018, 2019 and 2020.