Edmond Chan - Apr 10, 2024 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Signature
/s/ Edmond Chan
Stock symbol
CCI
Transactions as of
Apr 10, 2024
Transactions value $
-$53,040
Form type
4
Date filed
4/11/2024, 04:24 PM
Previous 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 +2.26K $0.00 2.26K Apr 10, 2024 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$53K -520 -23.01% $102.00 1.74K Apr 10, 2024 Direct F1

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 +2.26K +25.07% $0.00 11.3K Apr 10, 2024 Common Stock 2.26K Direct F2, F3
* 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 Each RSU is issued pursuant to the Crown Castle Inc. ("Company") 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 footnote below.
F3 These Time RSUs were previously granted on January 16, 2024. 16.7%, 16.6%, 33.3% and 33.4% of the original grant amount of these Time RSUs vests on April 10, 2024, January 10, 2025, January 10, 2026 and January 10, 2027, respectively.