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

Role: EVP and General Counsel
Signature: /s/ Kenneth Jay Simon
Issuer symbol: CCI
Transactions as of: 19 Feb 2022
Net transactions value: -$1,982,821
Form type: 4
Filing time: 23 Feb 2022, 16:19:48 UTC
Previous filing: 22 Feb 2022
Next filing: 03 Jan 2023
SEC: View on sec.gov

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	+8,546	+11%	$0.000000	84,953	19 Feb 2022	Direct
transaction	CCI	Common Stock, $0.01 Par Value	Options Exercise	$0	+19,227	+23%	$0.000000	104,180	19 Feb 2022	Direct
transaction	CCI	Common Stock, $0.01 Par Value	Options Exercise	$0	+2,248	+2.2%	$0.000000	106,428	19 Feb 2022	Direct
transaction	CCI	Common Stock, $0.01 Par Value	Options Exercise	$0	+1,607	+1.5%	$0.000000	108,035	19 Feb 2022	Direct
transaction	CCI	Common Stock, $0.01 Par Value	Options Exercise	$0	+1,697	+1.6%	$0.000000	109,732	19 Feb 2022	Direct
transaction	CCI	Common Stock, $0.01 Par Value	Tax liability	$1,982,821	-12,214	-11%	$162.34	97,518	19 Feb 2022	Direct	F1
holding	CCI	Common Stock, $0.01 Par Value						113	19 Feb 2022	By Spouse (by IRA)	F2
holding	CCI	Common Stock, $0.01 Par Value						506	19 Feb 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	-8,546	-100%	$0.000000^*	0	19 Feb 2022	Common Stock	8,546		Direct	F4, F5
transaction	CCI	Performance RSUs	Options Exercise	$0	-19,227	-100%	$0.000000^*	0	19 Feb 2022	Common Stock	19,227		Direct	F4, F6
transaction	CCI	Time RSUs	Options Exercise	$0	-2,248	-100%	$0.000000^*	0	19 Feb 2022	Common Stock	2,248		Direct	F4, F7
transaction	CCI	Time RSUs	Options Exercise	$0	-1,607	-50%	$0.000000	1,607	19 Feb 2022	Common Stock	1,607		Direct	F4, F8
transaction	CCI	Time RSUs	Options Exercise	$0	-1,697	-33%	$0.000000	3,396	19 Feb 2022	Common Stock	1,697		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.