Edward B. Adams Jr. - 10 Feb 2024 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 Feb 2024
Net transactions value
-$70,026
Form type
4
Filing time
13 Feb 2024, 17:36:16 UTC
Previous filing
11 Sep 2023
Next filing
21 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 +2,438 +14% $0.000000 19,833 10 Feb 2024 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability $70,026 -646 -3.3% $108.40 19,187 10 Feb 2024 Direct F1
holding CCI Common Stock, $0.01 Par Value 644 10 Feb 2024 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 -2,438 -33% $0.000000 4,879 10 Feb 2024 Common Stock 2,438 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 Crown Castle Inc. ("Company") 2022 Long-Term Incentive Plan, as amended, 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 granted on February 21, 2023. 33 1/3% of the original grant amount of these Time RSUs vests on February 10th of each of 2024, 2025, and 2026.