Edward B. Adams Jr. - 10 Sep 2023 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
EVP and General Counsel
Signature
/s/ Edward B. Adams, Jr.
Issuer symbol
CCI
Transactions as of
10 Sep 2023
Net transactions value
-$4,168
Form type
4
Filing time
11 Sep 2023, 17:17:41 UTC
Previous filing
23 Feb 2023
Next filing
13 Feb 2024
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 +172 +1% $0.000000 17,437 10 Sep 2023 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability $4,168 -42 -0.24% $99.24 17,395 10 Sep 2023 Direct F1
holding CCI Common Stock, $0.01 Par Value 644 10 Sep 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 Time RSUs Options Exercise $0 -172 -50% $0.000000 173 10 Sep 2023 Common Stock 172 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 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 herein.
F4 These Time RSUs were previously granted on September 16, 2021. 33 1/3% of the original grant amount of these Time RSUs vests on September 10 of each of 2022, 2023 and 2024.