Philip M. Kelley - Feb 19, 2024 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
EVP, Corp Dev & Strategy
Signature
/s/ Philip M. Kelley
Stock symbol
CCI
Transactions as of
Feb 19, 2024
Transactions value $
-$133,543
Form type
4
Date filed
2/21/2024, 04:38 PM
Previous filing
Feb 24, 2023
Next filing
Feb 23, 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 +1.42K +0.92% $0.00 156K Feb 19, 2024 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +1.43K +0.92% $0.00 157K Feb 19, 2024 Direct
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +2K +1.27% $0.00 159K Feb 19, 2024 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$134K -1.23K -0.78% $108.22 158K Feb 19, 2024 Direct F1
holding CCI Common Stock, $0.01 Par Value 1.66K Feb 19, 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 -1.42K -100% $0.00* 0 Feb 19, 2024 Common Stock 1.42K Direct F3, F4
transaction CCI Time RSUs Options Exercise $0 -1.43K -50% $0.00 1.43K Feb 19, 2024 Common Stock 1.43K Direct F3, F5
transaction CCI Time RSUs Options Exercise $0 -2K -33.33% $0.00 4K Feb 19, 2024 Common Stock 2K Direct F3, F6
* 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 Crown Castle Inc. ("Company") 2013 Long-Term Incentive Plan or 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.
F4 These Time RSUs were previously granted on February 18, 2021. 33 1/3% of the original grant amount of these Time RSUs vested on February 19 of each of 2022, 2023 and 2024.
F5 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.
F6 These Time RSUs were previously granted on February 22, 2023. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2024, 2025 and 2026.