0001051470-19-000086.txt : 20190225
0001051470-19-000086.hdr.sgml : 20190225
20190225200540
ACCESSION NUMBER: 0001051470-19-000086
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190221
FILED AS OF DATE: 20190225
DATE AS OF CHANGE: 20190225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ackerman Robert Carl
CENTRAL INDEX KEY: 0001716196
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16441
FILM NUMBER: 19631285
MAIL ADDRESS:
STREET 1: 1220 AUGUSTA DRIVE SUITE 600
CITY: HOUSTON
STATE: TX
ZIP: 77057
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
4
1
wf-form4_155114312651845.xml
FORM 4
X0306
4
2019-02-21
0
0001051470
CROWN CASTLE INTERNATIONAL CORP
CCI
0001716196
Ackerman Robert Carl
1220 AUGUSTA DRIVE SUITE 600
HOUSTON
TX
77057
0
1
0
0
SVP-COO-Towers and Small Cell
Time RSUs
2019-02-21
4
A
0
8063
0
A
Common Stock
8063.0
8063
D
Performance RSUs
2019-02-21
4
A
0
8630
0
A
Common Stock
8630.0
8630
D
Performance RSUs.
2019-02-21
4
A
0
15326
0
A
Common Stock
15326.0
15326
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 2020, 2021 and 2022.
0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2022 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, 2021. 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, 2022 based on the Company's annualized TSR for the three-year period ending December 31, 2021. 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.
/s/ Robert Carl Ackerman
2019-02-25