0001051470-17-000051.txt : 20170221 0001051470-17-000051.hdr.sgml : 20170221 20170221193817 ACCESSION NUMBER: 0001051470-17-000051 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170216 FILED AS OF DATE: 20170221 DATE AS OF CHANGE: 20170221 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CROWN CASTLE INTERNATIONAL CORP CENTRAL INDEX KEY: 0001051470 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 760470458 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1220 AUGUSTA DRIVE STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 7135703000 MAIL ADDRESS: STREET 1: 1220 AUGUSTA DRIVE STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77057 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kelley Philip M CENTRAL INDEX KEY: 0001442369 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16441 FILM NUMBER: 17626721 MAIL ADDRESS: STREET 1: 1220 AUGUSTA DRIVE SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77057 4 1 wf-form4_148772388374714.xml FORM 4 X0306 4 2017-02-16 0 0001051470 CROWN CASTLE INTERNATIONAL CORP CCI 0001442369 Kelley Philip M 1220 AUGUSTA DR SUITE 600 HOUSTON TX 77057 0 1 0 0 Senior VP, Corp Dev & Strategy Time RSUs 2017-02-16 4 A 0 5801 0 A Common Stock 5801.0 5801 D Performance RSUs 2017-02-16 4 A 0 20595 0 A Common Stock 20595.0 20595 D 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 2018, 2019 and 2020. 0% to 100% of the Performance RSUs may vest on February 19, 2020 based upon the Company's total stockholder return ("TSR") performance rating ("TSR Rank") relative to a peer group of companies approved by the Company's board of directors for the three year period ending February 16, 2020 ("Period"). If the TSR Rank is at the 30th percentile or more up to the 55th percentile, then 33.34% to 66.67% of the Performance RSUs vest on a pro rata basis based upon the level of the TSR Rank (i.e., approximately an additional 1.3336% of the units vest for each 1.0 percentile increase in the TSR Rank above the 30th percentile up to the 55th percentile), with 66.67% of the Performance RSUs vesting at the 55th percentile (Continued in Footnote 4) (Continued from Footnote 3) If the TSR Rank is at the 55th percentile or more, then 66.67% to 100% of the Performance RSUs vest on a pro rata basis based upon the level of the TSR Rank (i.e., approximately an additional 0.95229% of the units vest for each 1.0 percentile increase in the TSR Rank above the 55th percentile up to the 90th percentile (or above)), with 100% of the units vesting at or above the 90th percentile. However, if the TSR is negative for the Period and the TSR Rank is at or above the 30th percentile, the percentage of units which vest shall be 33.34%. If the TSR Rank is below the 30th percentile, 100% of the Performance RSUs will be forfeited. /s/ Philip M. Kelley 2017-02-21