Christopher Levendos - 10 Dec 2021 Form 4 Insider Report for CROWN CASTLE INTERNATIONAL CORP (CCI)

Signature
/s/ Christopher Levendos
Issuer symbol
CCI
Transactions as of
10 Dec 2021
Net transactions value
-$196,636
Form type
4
Filing time
13 Dec 2021, 16:57:52 UTC
Previous filing
28 Jul 2021
Next filing
22 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +1,951 +24% $0.000000 10,197 10 Dec 2021 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability $196,636 -1,037 -10% $189.62 9,160 10 Dec 2021 Direct F1

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
transaction CCI Time RSUs Options Exercise $0 -1,951 -33% $0.000000 3,903 10 Dec 2021 Common Stock 1,951 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.
F3 These Time RSUs were granted on December 10, 2020. 33 1/3% of the original grant amount of these Time RSUs vests on December 10 of each of 2021, 2022 and 2023.