SEC Form 4 · accession 0001051470-16-000271

CROWN CASTLE INC. · CCI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP and General Counsel

Period of report

Sep 17, 2016

Accepted (ET)

Sep 19, 2016 · 6:20 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001051470

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock $0.01 Par Value	Sep 17, 2016	M	6,333	$0.00	A	6,333	D
Common Stock $0.01 Par Value^F1	Sep 17, 2016	F	2,029	$90.37	D	4,304	D
Common Stock $0.01 Par Value^F2	holding	—	—		—	113	I	By Spouse (by IRA)
Common Stock, $0.01 Par Value^F2	holding	—	—		—	55	I	By Daughter

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Time RSUs.^F3,F4	—	Sep 17, 2016	M	6,333	D	—	—	Common Stock	6,333	12,667	D

F1Represents shares withheld by the issurer 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).
F2The 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.
F3Each 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 footnote 4 below.
F4These Time RSUs were previously granted on September 17, 2015. 33 1/3% of the original grant amount of these Time RSUs vest on September 17 of each of 2016, 2017 and 2018.