Robert Sean Collins - 22 Feb 2023 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
Vice President and Controller
Signature
/s/ Robert Sean Collins
Issuer symbol
CCI
Transactions as of
22 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 16:33:44 UTC
Previous filing
22 Feb 2023
Next filing
15 Dec 2023
SEC
View on sec.gov

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 Award $0 +4,397 $0.000000 4,397 22 Feb 2023 Common Stock 4,397 Direct F1, F2
transaction CCI Performance RSUs Award $0 +1,297 $0.000000 1,297 22 Feb 2023 Common Stock 1,297 Direct F1, F3
transaction CCI Performance RSUs Award $0 +1,532 $0.000000 1,532 22 Feb 2023 Common Stock 1,532 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 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.
F2 33 1/3% of the Time RSUs vest on February 19 of each of 2024, 2025 and 2026.
F3 0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2026 based on satisfaction of certain vesting conditions.
F4 0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2026 based on satisfaction of certain vesting conditions.