Filing Details
- Accession Number:
- 0001051470-18-000078
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-23 18:18:41
- Reporting Period:
- 2018-02-21
- Accepted Time:
- 2018-02-23 18:18:41
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1051470 | Crown Castle International Corp | CCI | Real Estate Investment Trusts (6798) | 760470458 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1434756 | A. Jay Brown | 1220 Augusta Dr Suite 600 Houston TX 77057 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, $0.01 Par Value | Disposition | 2018-02-22 | 18,000 | $108.43 | 162,526 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Time RSUs | Acquisiton | 2018-02-21 | 22,122 | $0.00 | 22,122 | $0.00 |
Common Stock | Performance RSUs | Acquisiton | 2018-02-21 | 21,575 | $0.00 | 21,575 | $0.00 |
Common Stock | Performance RSUs. | Acquisiton | 2018-02-21 | 42,911 | $0.00 | 42,911 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
22,122 | No | 4 | A | Direct | ||
21,575 | No | 4 | A | Direct | ||
42,911 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, $0.01 Par Value | 2,000 | Indirect | by Spouse |
Common Stock, $0.01 Par Value | 9,284 | Indirect | by 401(K) Plan |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- Represents the weighted average price of sales transacted February 22, 2018; such sales were conducted through various transactions at sales prices ranging from $107.225 to $109.47 per share.
- 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.
- Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
- Each Restricted Stock Unit ("RSU") is 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 below.
- 33 1/3% of the Time RSUs vest on February 19 of each of 2019, 2020 and 2021.
- 0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2021 based on the Company's annualized total stockholder return ("TSR") performance ranking ("TSR Rank") relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ending December 31, 2020. The percentage of Relative TSR Performance RSUs that may vest will be (a) 0% if the TSR Rank is below the 30th percentile; (b) 50% if the TSR Rank is at the 30th percentile; (c) 100% if the TSR Rank is at the 55th percentile; and (d) 150% if the TSR Rank is at the 90th percentile or greater. If the TSR Rank is between the 30th and 55th percentiles or between the 55th and 90th percentiles, the percentage of Relative TSR Performance RSUs that may vest is determined using linear interpolation.
- 0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2021 based on the Company's annualized total stockholder return ("TSR") for the three-year period ending December 31, 2020. The percentage of Absolute TSR Performance RSUs that may vest will be (a) 0% if TSR is below 6.5%; (b) 50% if TSR is 6.5%; (c) 100% if TSR is 11.5%; and (d) 150% if TSR is 16.5% or greater. If TSR is between 6.5% and 11.5% or between 11.5% and 16.5%, the percentage of Absolute TSR Performance RSUs that may vest is determined using linear interpolation.