Steven J. Moskowitz - Apr 11, 2024 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
President and CEO, Director
Signature
/s/ Steven J. Moskowitz
Stock symbol
CCI
Transactions as of
Apr 11, 2024
Transactions value $
$0
Form type
4
Date filed
4/15/2024, 04:28 PM

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 Award $0 +48.5K $0.00 48.5K Apr 11, 2024 Common Stock 48.5K Direct F1, F2
transaction CCI Time RSUs Award $0 +23.7K $0.00 23.7K Apr 11, 2024 Common Stock 23.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 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.
F2 33 1/3% of the Time RSUs vest on April 11 of each of 2025, 2026 and 2027.
F3 Granted in connection with the reporting person's appointment as President and Chief Executive Officer, effective April 11, 2024. 50% of these Time RSUs vest on April 11, 2025 and remaining 50% vest on April 11, 2026, subject to the reporting person's continued employment through each applicable vesting date.