Edward B. Adams JR - Feb 10, 2024 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
EVP and General Counsel
Signature
/s/ Edward B. Adams, Jr.
Stock symbol
CCI
Transactions as of
Feb 10, 2024
Transactions value $
-$70,026
Form type
4
Date filed
2/13/2024, 05:36 PM
Previous filing
Sep 11, 2023
Next filing
Feb 21, 2024

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 +2.44K +14.02% $0.00 19.8K Feb 10, 2024 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$70K -646 -3.26% $108.40 19.2K Feb 10, 2024 Direct F1
holding CCI Common Stock, $0.01 Par Value 644 Feb 10, 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 -2.44K -33.32% $0.00 4.88K Feb 10, 2024 Common Stock 2.44K 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.