Kenneth Jay Simon - Feb 19, 2022 Form 4 Insider Report for CROWN CASTLE INTERNATIONAL CORP (CCI)

Role
EVP and General Counsel
Signature
/s/ Kenneth Jay Simon
Stock symbol
CCI
Transactions as of
Feb 19, 2022
Transactions value $
-$1,982,821
Form type
4
Date filed
2/23/2022, 04:19 PM
Previous filing
Feb 22, 2022
Next filing
Jan 3, 2023

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 +8.55K +11.18% $0.00 85K Feb 19, 2022 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +19.2K +22.63% $0.00 104K Feb 19, 2022 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +2.25K +2.16% $0.00 106K Feb 19, 2022 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +1.61K +1.51% $0.00 108K Feb 19, 2022 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +1.7K +1.57% $0.00 110K Feb 19, 2022 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$1.98M -12.2K -11.13% $162.34 97.5K Feb 19, 2022 Direct F1
holding CCI Common Stock, $0.01 Par Value 113 Feb 19, 2022 By Spouse (by IRA) F2
holding CCI Common Stock, $0.01 Par Value 506 Feb 19, 2022 By 401(k) Plan F3

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 Performance RSUs Options Exercise $0 -8.55K -100% $0.00* 0 Feb 19, 2022 Common Stock 8.55K Direct F4, F5
transaction CCI Performance RSUs Options Exercise $0 -19.2K -100% $0.00* 0 Feb 19, 2022 Common Stock 19.2K Direct F4, F6
transaction CCI Time RSUs Options Exercise $0 -2.25K -100% $0.00* 0 Feb 19, 2022 Common Stock 2.25K Direct F4, F7
transaction CCI Time RSUs Options Exercise $0 -1.61K -50% $0.00 1.61K Feb 19, 2022 Common Stock 1.61K Direct F4, F8
transaction CCI Time RSUs Options Exercise $0 -1.7K -33.32% $0.00 3.4K Feb 19, 2022 Common Stock 1.7K Direct F4, F9
* 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 theReporting 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 the footnotes below.
F5 8,546 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.
F6 19,227 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.
F7 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.
F8 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
F9 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.