4//SEC Filing
HAWK E BLAKE 4
Accession 0001181431-12-012242
CIK 0001051470other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:08 PM ET
Size
8.4 KB
Accession
0001181431-12-012242
Insider Transaction Report
Form 4
HAWK E BLAKE
EVP & General Counsel
Transactions
- Award
Common Stock $0.01 Par Value
2011-02-23+23,223→ 484,675 total - Award
Common Stock $0.01 Par Value
2012-02-23+6,377→ 461,452 total
Holdings
- 365(indirect: By 401(k))
Common Stock $0.01 Par Value
Footnotes (4)
- [F1]The stock is restricted stock issued pursuant to the Company's 2004 Stock Incentive Plan, and 33 1/3% of the restricted stock generally vests (i.e., the transfer and forfeiture restrictions terminate) on February 19 of each of 2013, 2014 and 2015.
- [F2]The shares represent restricted stock issued under the Company's 2004 Stock Incentive Plan. The terms of such restricted stock provide for 0% to 100% of the shares to vest (i.e., the transfer and forfeiture restrictions terminate) on February 19, 2015 based upon the highest average closing price per share of the Company's common stock for 20 consecutive trading days during the period commencing August 24, 2014 and ending on (and including) February 19, 2015 ("Highest Average Price"). The percentage of shares vesting being equal to 33 1/3%, 66 2/3% or 100% of the number of shares of restricted stock granted if the Highest Average Price is $60.21, $69.23 or $79.10, respectively. (footnote continues at footnote 3)
- [F3](footnote 2 continued) If the Highest Average Price is between $60.21 and $69.23, then an additional amount up to 33 1/3% shall vest on a prorata basis (approximately 3.70% per $1.00 increase in the Highest Average Price above $60.21). If the Highest Average Price is between $69.23 and $79.10, then an additional amount up to 33 1/3% shall vest on a prorata basis (approximately 3.38% per $1.00 increase in the Highest Average Price above $69.23). If the stock price is at or above $60.21 per share as of February 19, 2015 and remains at or above for 20 consecutive trading days, then a minimum of 33 1/3% of the shares of restricted stock shall vest. Any shares of such restricted stock that do not vest as described in the preceding sentence will generally be forfeited.
- [F4]Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
Documents
Issuer
CROWN CASTLE INTERNATIONAL CORP
CIK 0001051470
Entity typeother
Related Parties
1- filerCIK 0001157959
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:08 PM ET
- Size
- 8.4 KB