Edmond Chan - Jan 10, 2025 Form 4 Insider Report for CROWN CASTLE INC. (CCI)

Role
EVP and CIO
Signature
/s/ Edmond Chan
Stock symbol
CCI
Transactions as of
Jan 10, 2025
Transactions value $
-$56,000
Form type
4
Date filed
1/14/2025, 04:53 PM
Previous filing
Apr 11, 2024
Next filing
Mar 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCI Common Stock, $0.01 Par Value Options Exercise $0 +2.25K +129.14% $0.00 3.99K Jan 10, 2025 Direct
transaction CCI Common Stock, $0.01 Par Value Tax liability -$56K -640 -16.05% $87.50 3.35K Jan 10, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CCI Time RSUs Options Exercise $0 -2.25K -19.93% $0.00 9.03K Jan 10, 2025 Common Stock 2.25K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Each RSU is issued pursuant to the Crown Castle Inc. ("Company") 2022 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 footnote below.
F3 These Time RSUs were previously granted on January 16, 2024. 16.7 % and 16.6%, of the original grant amount of these Time RSUs vested on April 10, 2024 and January 10, 2025, respectively, and 33.3% and 33.4% of the original grant amount is scheduled to vest on January 10, 2026 and January 10, 2027, respectively.