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CROWN CASTLE INC. — Director's Dealing 2022
Feb 23, 2022
30060_dirs_2022-02-23_9b846408-a150-4aa1-9adc-b6906def234f.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: 2022-02-19
Reporting Person: SCHLANGER DANIEL K (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-19 | Common Stock, $0.01 Par Value | M | 10217 | — | Acquired | 80228 | Direct |
| 2022-02-19 | Common Stock, $0.01 Par Value | M | 22989 | — | Acquired | 103217 | Direct |
| 2022-02-19 | Common Stock, $0.01 Par Value | M | 2688 | — | Acquired | 105905 | Direct |
| 2022-02-19 | Common Stock, $0.01 Par Value | M | 2026 | — | Acquired | 107931 | Direct |
| 2022-02-19 | Common Stock, $0.01 Par Value | M | 2193 | — | Acquired | 110124 | Direct |
| 2022-02-19 | Common Stock, $0.01 Par Value | F | 14887 | $162.34 | Disposed | 95237 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-19 | Performance RSUs | $ | M | 10217 | Disposed | Common Stock (10217.0) | Direct | |
| 2022-02-19 | Performance RSUs | $ | M | 22989 | Disposed | Common Stock (22989.0) | Direct | |
| 2022-02-19 | Time RSUs | $ | M | 2688 | Disposed | Common Stock (2688.0) | Direct | |
| 2022-02-19 | Time RSUs | $ | M | 2026 | Disposed | Common Stock (2026.0) | Direct | |
| 2022-02-19 | Time RSUs | $ | M | 2193 | Disposed | Common Stock (2193.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.01 Par Value | 506 | Indirect |
Footnotes
F1: Represents shares withheld by the issuer to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of certain Restricted Stock Units ("RSUs") previously granted to the Reporting Person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).
F2: Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
F3: 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 the footnotes below.
F4: 10,217 Relative TSR Performance RSUs vested on February 19, 2022, based upon the Company's annualized total stockholder return performance ranking relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ended December 31, 2021.
F5: 22,989 Absolute TSR Performance RSUs vested on February 19, 2022, based upon the Company's annualized total stockholder return for the three-year period ended December 31, 2021.
F6: These Time RSUs were previously granted on February 21, 2019. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2020, 2021 and 2022.
F7: These Time RSUs were previously granted on February 20, 2020. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2021, 2022 and 2023.
F8: These Time RSUs were previously granted on February 18, 2021. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2022, 2023 and 2024.