SCULLY JOHN H 4
4 · CROWN CASTLE INTERNATIONAL CORP · Filed Dec 28, 2010
Insider Transaction Report
Form 4
SCULLY JOHN H
Other
Transactions
- Gift
Common Stock
2010-12-23+309,000→ 685,200 total - Gift
Common Stock
2010-12-23−464,000→ 282,377 total(indirect: By Trust)
Footnotes (4)
- [F1]The entity making this gift is John H. Scully Living Trust, dated October 1, 2003 ( "JHS Trust"). JHS Trust may be deemed to be part of a "group," as such term is defined in Rule 13d-5(b)(1) promulgated under the Securities Exchange Act of 1934, which is a 10% owner.
- [F2]Following the transaction causing this filing, JHS Trust directly owns 282,377 shares of the issuer's common stock. Additionally, John H. Scully ( "JHS" ) holds 277,300 shares in his IRA, which is self-directed. Additionally, JHS may be deemed to indirectly beneficially own 230,800 shares in his capacity as a general partner of Netcong Newton Partners, L.P.
- [F3]Additionally, JHS may be deemed to indirectly beneficially own 28,945,782 shares as one of the controlling persons of SPO Advisory Corp., the sole general partner of SPO Advisory Partners, L.P., the sole general partner of SPO Partners II, L.P. Additionally, JHS may be deemed to indirectly beneficially own 1,251,700 shares as one of the controlling persons of SPO Advisory Corp., the sole general partner of SF Advisory Partners, L.P., the sole general partner of San Francisco Partners, L.P.
- [F4]The entity receiving this gift is Phoebe Snow Foundation ( "PSF" ). PSF was the recipient of a gift of 309,000 shares on 12/23/10, as reported in Line 2 above. JHS, as the trustee of the entity which made this gift, has no pecuniary interest in PSF. PSF may be deemed to be part of a "group" as such term is defined in Rule 13d-5(b)(1) promulgated under the Securities Exchange Act of 1934, which is a 10% owner. Following the transaction causing this filing, PSF owns 685,200 shares of the issuer's common stock.