Christopher Levendos - Feb 19, 2023 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
EVP & COO - Fiber
Signature
/s/ Christopher Levendos
Stock symbol
CCI
Transactions as of
Feb 19, 2023
Transactions value $
-$339,039
Form type
4
Date filed
2/22/2023, 04:44 PM
Previous filing
Dec 13, 2022
Next filing
Feb 24, 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 +3.04K +23.53% $0.00 15.9K Feb 19, 2023 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +1.26K +7.91% $0.00 17.2K Feb 19, 2023 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +1.77K +10.29% $0.00 19K Feb 19, 2023 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +2.68K +14.12% $0.00 21.6K Feb 19, 2023 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$339K -2.41K -11.14% $140.68 19.2K Feb 19, 2023 Direct F1
holding CCI Common Stock $0.01 Par Value 56 Feb 19, 2023 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 Performance RSUs Options Exercise $0 -3.04K -100% $0.00* 0 Feb 19, 2023 Common Stock 3.04K Direct F3, F4
transaction CCI Time RSUs Options Exercise $0 -1.26K -100% $0.00* 0 Feb 19, 2023 Common Stock 1.26K Direct F3, F5
transaction CCI Time RSUs Options Exercise $0 -1.77K -50% $0.00 1.77K Feb 19, 2023 Common Stock 1.77K Direct F3, F6
transaction CCI Time RSUs Options Exercise $0 -2.68K -33.33% $0.00 5.36K Feb 19, 2023 Common Stock 2.68K Direct F3, F7
* 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 (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.
F4 3,035 Relative TSR Performance RSUs vested on February 19, 2023, 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, 2022.
F5 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.
F6 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.
F7 These Time RSUs were previously granted on February 17, 2022. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2023, 2024 and 2025.