SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Kelley Philip M

(Last) (First) (Middle)
1220 AUGUSTA DRIVE, SUITE 500

(Street)
HOUSTON TX 77057

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CROWN CASTLE INTERNATIONAL CORP [ CCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP, Corp Dev & Strategy
3. Date of Earliest Transaction (Month/Day/Year)
02/01/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 Par Value 02/01/2010 M 14,000 A $31.875 210,607 D
Common Stock, $0.01 Par Value 02/01/2010 S 14,000 D $37.108(1) 196,607 D
Common Stock, $0.01 Par Value 02/01/2010 M 7,500 A $20.188 204,107 D
Common Stock, $0.01 Par Value 02/01/2010 S 7,500 D $37.105(2) 196,607 D
Common Stock, $0.01 Par Value 02/01/2010 M 5,014 A $30.875 201,621 D
Common Stock, $0.01 Par Value 02/01/2010 S 5,014 D $36.91(3) 196,607 D
Common Stock, $0.01 Par Value 02/01/2010 M 1,865 A $23.375 198,472 D
Common Stock, $0.01 Par Value 02/01/2010 S 1,865 D $36.973 196,607 D
Common Stock, $0.01 Par Value 02/01/2010 M 20,000 A $24.688 216,607 D
Common Stock, $0.01 Par Value 02/01/2010 S 20,000 D $36.976(4) 196,607 D
Common Stock, $0.01 Par Value 02/01/2010 M 50,000 A $8.7 246,607 D
Common Stock, $0.01 Par Value 02/01/2010 S 50,000 D $37.092(5) 196,607 D
Common Stock, $0.01 Par Value 242(6) I by 401(K) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to purchase Common Stock) $31.875 02/01/2010 M 14,000 (7) 02/01/2010 Common Stock 14,000 $0 0 D
Stock Option (right to puchase Common Stock) $20.188 02/01/2010 M 7,500 (8) 02/02/2010 Common Stock 7,500 $0 0 D
Stock Option (right to purchase Common Stock) $30.875 02/01/2010 M 5,014 (9) 11/15/2010 Common Stock 5,014 $0 0 D
Stock Option (right to purchase Common Stock) $23.375 02/01/2010 M 1,865 (10) 12/20/2010 Common Stock 1,865 $0 0 D
Stock Option (right to purchase Common Stock) $24.688 02/01/2010 M 20,000 (11) 02/22/2011 Common Stock 20,000 $0 0 D
Stock Option (right to purchase Common Stock) $8.7 02/01/2010 M 50,000 09/25/2005(12) 09/25/2011 Common Stock 50,000 $0 0 D
Explanation of Responses:
1. Represents the weighted average price of sales transacted on February 1, 2010; such sales were conducted through 14 individual transactions on February 1, 2010, at sales prices ranging from $36.9627 to $37.2971 per share.
2. Represents the weighted average price of sales transacted on February 1, 2010; such sales were conducted through 20 individual transactions on February 1, 2010, at sales prices ranging from $36.96 to $37.28 per share.
3. Represents the weighted average price of sales transacted on February 1, 2010; such sales were conducted through 4 individual transactions on February 1, 2010, at sales prices ranging from $36.859 to $37.02 per share.
4. Represents the weighted average price of sales transacted on February 1, 2010; such sales were conducted through 18 individual transactions on February 1, 2010, at sales prices ranging from $36.84 to $37.13 per share.
5. Represents the weighted average price of sales transacted on February 1, 2010; such sales were conducted through 31 individual transactions on February 1, 2010, at sales prices ranging from $36.95 to $37.182 per share.
6. Represents shares previously acquired in transactions exempt under Rule 16b-3(c).
7. Vested one-third per year over three years, with the first vesting on February 1, 2001.
8. Vested one-third upon grant, one-third on March 2, 2000 (upon the Company's common stock achieving a pre-established target price), and one-third on March 30, 2000 (upon the Company's common stock achieving a pre-established target price).
9. Vested one-third at the time of grant on November 15, 2000, with the remaining two-thirds vesting annually in an equal number over five years.
10. Vested one-third at time of grant December 20, 2000, with remaining two-thirds vesting in an equal number over five years.
11. Vested one-third per year over three years, with the first vesting on February 22, 2002.
12. Vested on September 25, 2005 (following the Company's common stock achieving a pre-established target price).
/s/ Philip M. Kelley 02/02/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.