Catherine Piche - Sep 10, 2022 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Signature
/s/ Catherine Piche
Stock symbol
CCI
Transactions as of
Sep 10, 2022
Transactions value $
-$130,563
Form type
4
Date filed
9/13/2022, 05:05 PM
Previous filing
Mar 21, 2022
Next filing
Feb 22, 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 +1.68K +12.04% $0.00 15.7K Sep 10, 2022 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$131K -748 -4.78% $174.55 14.9K Sep 10, 2022 Direct F1
holding CCI Common Stock, $0.01 Par Value 1.07K Sep 10, 2022 By 401(K) Plan F2

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 -1.68K -33.32% $0.00 3.37K Sep 10, 2022 Common Stock 1.68K Direct F3, F4
* 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 Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
F3 Each RSU was 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 the reporting person remaining an employee or director of the Company or its affiliates.
F4 These Time RSUs were granted on September 1, 2021. 33 1/3% of the original grant amount of these Time RSUs vests on September 10 of each of 2022, 2023 and 2024.