4//SEC Filing
Ackerman Robert Carl 4
Accession 0001051470-20-000033
CIK 0001051470other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 6:41 PM ET
Size
11.0 KB
Accession
0001051470-20-000033
Insider Transaction Report
Form 4
Ackerman Robert Carl
SVP-COO-Towers and Small Cell
Transactions
- Award
Time RSUs
2020-02-20+6,078→ 6,078 total→ Common Stock (6,078 underlying) - Award
Performance RSUs.
2020-02-20+14,614→ 14,614 total→ Common Stock (14,614 underlying) - Award
Performance RSUs
2020-02-20+7,534→ 7,534 total→ Common Stock (7,534 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("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
- [F2]33 1/3% of the Time RSUs vest on February 19 of each of 2021, 2022 and 2023.
- [F3]0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2023 based on the Company's annualized total stockholder return ("TSR") performance ranking ("TSR Rank") relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ending December 31, 2022. The percentage of Relative TSR Performance RSUs that may vest will be (a) 0% if the TSR Rank is below the 30th percentile; (b) 50% if the TSR Rank is at the 30th percentile; (c) 100% if the TSR Rank is at the 55th percentile; and (d) 150% if the TSR Rank is at the 90th percentile or greater. If the TSR Rank is between the 30th and 55th percentiles or between the 55th and 90th percentiles, the percentage of Relative TSR Performance RSUs that may vest is determined using linear interpolation.
- [F4]0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2023 based on the Company's annualized TSR for the three-year period ending December 31, 2022. The percentage of Absolute TSR Performance RSUs that may vest will be (a) 0% if TSR is below 6.5%; (b) 50% if TSR is 6.5%; (c) 100% if TSR is 11.5%; and (d) 150% if TSR is 16.5% or greater. If TSR is between 6.5% and 11.5% or between 11.5% and 16.5%, the percentage of Absolute TSR Performance RSUs that may vest is determined using linear interpolation.
Documents
Issuer
CROWN CASTLE INTERNATIONAL CORP
CIK 0001051470
Entity typeother
Related Parties
1- filerCIK 0001716196
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 6:41 PM ET
- Size
- 11.0 KB