4//SEC Filing
Brown Jay A. 4
Accession 0001051470-23-000030
CIK 0001051470other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:42 PM ET
Size
21.5 KB
Accession
0001051470-23-000030
Insider Transaction Report
Form 4
Brown Jay A.
Sr. VP, CFO & Treasurer
Transactions
- Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+7,075→ 386,446 total - Exercise/Conversion
Time RSUs
2023-02-19−8,212→ 16,425 total→ Common Stock (8,212 underlying) - Tax Payment
Common Stock, $0.01 Par Value
2023-02-19$140.68/sh−13,868$1,950,950→ 380,790 total - Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+15,992→ 372,734 total - Exercise/Conversion
Performance RSUs
2023-02-19−15,992→ 0 total→ Common Stock (15,992 underlying) - Exercise/Conversion
Time RSUs
2023-02-19−7,075→ 7,075 total→ Common Stock (7,075 underlying) - Exercise/Conversion
Time RSUs
2023-02-19−6,637→ 0 total→ Common Stock (6,637 underlying) - Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+6,637→ 379,371 total - Exercise/Conversion
Common Stock, $0.01 Par Value
2023-02-19+8,212→ 394,658 total
Holdings
- 11,488(indirect: By 401(k))
Common Stock, $0.01 Par Value
- 2,000(indirect: By Spouse)
Common Stock, $0.01 Par Value
Footnotes (8)
- [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]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.
- [F4]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.
- [F5]15,992 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.
- [F6]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.
- [F7]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.
- [F8]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.
Documents
Issuer
CROWN CASTLE INC.
CIK 0001051470
Entity typeother
Related Parties
1- filerCIK 0001434756
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:42 PM ET
- Size
- 21.5 KB