Catherine Piche - Sep 1, 2021 Form 3 Insider Report for CROWN CASTLE INTERNATIONAL CORP (CCI)

Role: EVP & COO-Towers
Signature: /s/ Catherine Piche
Stock symbol: CCI
Transactions as of: Sep 1, 2021
Transactions value $: $0
Form type: 3
Date filed: 9/3/2021, 04:48 PM
Next filing: Feb 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CCI	Common Stock, $0.01 Par Value						10K	Sep 1, 2021	Direct
holding	CCI	Common Stock, $0.01 Par Value						999	Sep 1, 2021	By 401(K) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CCI	Time RSUs							Sep 1, 2021	Common Stock	666		Direct	F1, F2
holding	CCI	Performance RSUs							Sep 1, 2021	Common Stock	2.14K		Direct	F2, F3
holding	CCI	Performance RSUs							Sep 1, 2021	Common Stock	3.8K		Direct	F2, F4
holding	CCI	Time RSUs							Sep 1, 2021	Common Stock	1.19K		Direct	F2, F5
holding	CCI	Performance RSUs							Sep 1, 2021	Common Stock	2.21K		Direct	F2, F6
holding	CCI	Performance RSUs							Sep 1, 2021	Common Stock	4.29K		Direct	F2, F7
holding	CCI	Time RSUs							Sep 1, 2021	Common Stock	1.71K		Direct	F2, F8
holding	CCI	Performance RSUs							Sep 1, 2021	Common Stock	1.74K		Direct	F2, F9
holding	CCI	Performance RSUs							Sep 1, 2021	Common Stock	2.66K		Direct	F2, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	100% of these Time RSUs may vest on February 19, 2022.
F2	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 herein.
F3	0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2022 based on the Company's annualized total stockholder return ("TSR") performance ranking ("TSR Rank") relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ending December 31, 2021. The percentage of Relative TSR Performance RSUs that may vest will be (a) 0% if the TSR Rank is below the 30th percentile; (b) 50% if the TSR Rank is at the 30th percentile; (c) 100% if the TSR Rank is at the 55th percentile; and (d) 150% if the TSR Rank is at the 90th percentile or greater. If the TSR Rank is between the 30th and 55th percentiles or between the 55th and 90th percentiles, the percentage of Relative TSR Performance RSUs that may vest is determined using linear interpolation.
F4	0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2022 based on the Company's annualized TSR for the three-year period ending December 31, 2021. The percentage of Absolute TSR Performance RSUs that may vest will be (a) 0% if TSR is below 6.5%; (b) 50% if TSR is 6.5%; (c) 100% if TSR is 11.5%; and (d) 150% if TSR is 16.5% or greater. If TSR is between 6.5% and 11.5% or between 11.5% and 16.5%, the percentage of Absolute TSR Performance RSUs that may vest is determined using linear interpolation.
F5	Approximately 50% of these Time RSUs may vest on February 19 of each of 2022 and 2023.
F6	0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2023 based on the Company's TSR Rank relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ending December 31, 2022. The percentage of Relative TSR Performance RSUs that may vest will be (a) 0% if the TSR Rank is below the 30th percentile; (b) 50% if the TSR Rank is at the 30th percentile; (c) 100% if the TSR Rank is at the 55th percentile; and (d) 150% if the TSR Rank is at the 90th percentile or greater. If the TSR Rank is between the 30th and 55th percentiles or between the 55th and 90th percentiles, the percentage of Relative TSR Performance RSUs that may vest is determined using linear interpolation.
F7	0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2023 based on the Company's annualized TSR for the three-year period ending December 31, 2022. The percentage of Absolute TSR Performance RSUs that may vest will be (a) 0% if TSR is below 6.5%; (b) 50% if TSR is 6.5%; (c) 100% if TSR is 11.5%; and (d) 150% if TSR is 16.5% or greater. If TSR is between 6.5% and 11.5% or between 11.5% and 16.5%, the percentage of Absolute TSR Performance RSUs that may vest is determined using linear interpolation.
F8	33 1/3% of the Time RSUs may vest on February 19 of each of 2022, 2023 and 2024.
F9	0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2024 based on the Company's TSR Rank relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ending December 31, 2023. The percentage of Relative TSR Performance RSUs that may vest will be (a) 0% if the TSR Rank is below the 30th percentile; (b) 50% if the TSR Rank is at the 30th percentile; (c) 100% if the TSR Rank is at the 55th percentile; and (d) 150% if the TSR Rank is at the 90th percentile or greater. If the TSR Rank is between the 30th and 55th percentiles or between the 55th and 90th percentiles, the percentage of Relative TSR Performance RSUs that may vest is determined using linear interpolation.
F10	0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2024 based on the Company's annualized TSR for the three-year period ending December 31, 2023. The percentage of Absolute TSR Performance RSUs that may vest will be (a) 0% if TSR is below 6.5%; (b) 50% if TSR is 6.5%; (c) 100% if TSR is 11.5%; and (d) 150% if TSR is 16.5% or greater. If TSR is between 6.5% and 11.5% or between 11.5% and 16.5%, the percentage of Absolute TSR Performance RSUs that may vest is determined using linear interpolation.