Kenneth Jay Simon - 19 Feb 2022 Form 4 Insider Report for CROWN CASTLE INTERNATIONAL CORP (CCI)

Reporting relationship: EVP and General Counsel
Issuer ticker: CCI
Reported as of: 19 Feb 2022
Net transaction value: -$1,982,821
SEC form: 4
Accepted by SEC: 23 Feb 2022, 16:19:48 UTC
Prior SEC filing: 22 Feb 2022
Next SEC filing: 03 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Kenneth Jay Simon

Key filing fact

Kenneth Jay Simon filed Form 4 for CROWN CASTLE INTERNATIONAL CORP (CCI) on 23 Feb 2022.

Key facts

This page summarizes Kenneth Jay Simon's Form 4 filing for CROWN CASTLE INTERNATIONAL CORP (CCI).
11 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 23 Feb 2022, 16:19.

Change

Previous filing in this sequence was filed on 22 Feb 2022.
Current net transaction value: -$1,982,821.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CCI transaction

Common Stock, $0.01 Par Value

Options Exercise

Transaction value: $0
Shares: +8,546
Change %: +11%
Price: $0.000000
Shares after: 84,953
Date: 19 Feb 2022
Ownership: Direct

CCI transaction

Common Stock, $0.01 Par Value

Options Exercise

Transaction value: $0
Shares: +19,227
Change %: +23%
Price: $0.000000
Shares after: 104,180
Date: 19 Feb 2022
Ownership: Direct

CCI transaction

Common Stock, $0.01 Par Value

Options Exercise

Transaction value: $0
Shares: +2,248
Change %: +2.2%
Price: $0.000000
Shares after: 106,428
Date: 19 Feb 2022
Ownership: Direct

CCI transaction

Common Stock, $0.01 Par Value

Options Exercise

Transaction value: $0
Shares: +1,607
Change %: +1.5%
Price: $0.000000
Shares after: 108,035
Date: 19 Feb 2022
Ownership: Direct

CCI transaction

Common Stock, $0.01 Par Value

Options Exercise

Transaction value: $0
Shares: +1,697
Change %: +1.6%
Price: $0.000000
Shares after: 109,732
Date: 19 Feb 2022
Ownership: Direct

CCI transaction

Common Stock, $0.01 Par Value

Tax liability

Transaction value: $1,982,821
Shares: -12,214
Change %: -11%
Price: $162.34
Shares after: 97,518
Date: 19 Feb 2022
Ownership: Direct
Footnotes: F1

CCI holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 113
Date: 19 Feb 2022
Ownership: By Spouse (by IRA)
Footnotes: F2

CCI holding

Common Stock, $0.01 Par Value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 506
Date: 19 Feb 2022
Ownership: By 401(k) Plan
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CCI transaction Derivative

Performance RSUs

Options Exercise

Transaction value: $0
Shares: -8,546
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 19 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,546
Exercise price
Footnotes: F4, F5

CCI transaction Derivative

Performance RSUs

Options Exercise

Transaction value: $0
Shares: -19,227
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 19 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 19,227
Exercise price
Footnotes: F4, F6

CCI transaction Derivative

Time RSUs

Options Exercise

Transaction value: $0
Shares: -2,248
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 19 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,248
Exercise price
Footnotes: F4, F7

CCI transaction Derivative

Time RSUs

Options Exercise

Transaction value: $0
Shares: -1,607
Change %: -50%
Price: $0.000000
Shares after: 1,607
Date: 19 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,607
Exercise price
Footnotes: F4, F8

CCI transaction Derivative

Time RSUs

Options Exercise

Transaction value: $0
Shares: -1,697
Change %: -33%
Price: $0.000000
Shares after: 3,396
Date: 19 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,697
Exercise price
Footnotes: F4, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote 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 theReporting Person. Such withholding is exempt from Section 16(b) pursuant to Rule 16b-3(e).

Footnote F2

The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Footnote F3

Represents shares previously acquired in transactions exempt under Rule 16b-3(c).

Footnote F4

Each RSU is issued pursuant to the Company's 2013 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.

Footnote F5

8,546 Relative TSR Performance RSUs vested on February 19, 2022, based upon the Company's annualized total stockholder return performance ranking relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ended December 31, 2021.

Footnote F6

19,227 Absolute TSR Performance RSUs vested on February 19, 2022, based upon the Company's annualized total stockholder return for the three-year period ended December 31, 2021.

Footnote F7

These Time RSUs were previously granted on February 21, 2019. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2020, 2021 and 2022.

Footnote F8

These Time RSUs were previously granted on February 20, 2020. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2021, 2022 and 2023

Footnote F9

These Time RSUs were previously granted on February 18, 2021. 33 1/3% of the original grant amount of these Time RSUs vest on February 19 of each of 2022, 2023 and 2024.