Kelley Philip M 4
4 · CROWN CASTLE INC. · Filed Feb 22, 2023
Insider Transaction Report
Form 4
Kelley Philip M
Senior VP, Corp Dev & Strategy
Transactions
- Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+1,428→ 156,204 total - Tax Payment
Common Stock, $0.01 Par Value
2023-02-19$140.68/sh−1,919$269,965→ 154,285 total - Exercise/Conversion
Time RSUs
2023-02-19−1,415→ 1,415 total→ Common Stock (1,415 underlying) - Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+3,282→ 151,998 total - Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+1,363→ 153,361 total - Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+1,415→ 154,776 total - Exercise/Conversion
Performance RSUs
2023-02-19−3,282→ 0 total→ Common Stock (3,282 underlying) - Exercise/Conversion
Time RSUs
2023-02-19−1,363→ 0 total→ Common Stock (1,363 underlying) - Exercise/Conversion
Time RSUs
2023-02-19−1,428→ 2,856 total→ Common Stock (1,428 underlying)
Holdings
- 1,450(indirect: By 401(k))
Common Stock, $0.01 Par Value
Footnotes (7)
- [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 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 herein.
- [F4]3,282 Relative TSR Performance RSUs vested on February 19, 2023, 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, 2022.
- [F5]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.
- [F6]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.
- [F7]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.