0001051470-20-000035.txt : 20200224 0001051470-20-000035.hdr.sgml : 20200224 20200224184414 ACCESSION NUMBER: 0001051470-20-000035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200220 FILED AS OF DATE: 20200224 DATE AS OF CHANGE: 20200224 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHLANGER DANIEL K CENTRAL INDEX KEY: 0001376754 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16441 FILM NUMBER: 20646435 MAIL ADDRESS: STREET 1: 4444 BRITTMORE ROAD CITY: HOUSTON STATE: TX ZIP: 77041 FORMER NAME: FORMER CONFORMED NAME: Schangler Daniel K DATE OF NAME CHANGE: 20060927 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_158258783752449.xml FORM 4 X0306 4 2020-02-20 0 0001051470 CROWN CASTLE INTERNATIONAL CORP CCI 0001376754 SCHLANGER DANIEL K 1220 AUGUSTA DRIVE SUITE 600 HOUSTON TX 77057 0 1 0 0 SVP & Chief Financial Officer Time RSUs 2020-02-20 4 A 0 6078 0 A Common Stock 6078.0 6078 D Performance RSUs 2020-02-20 4 A 0 7534 0 A Common Stock 7534.0 7534 D Performance RSUs. 2020-02-20 4 A 0 14614 0 A Common Stock 14614.0 14614 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 2021, 2022 and 2023. 0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2023 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, 2022. 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, 2023 based on the Company's annualized TSR for the three-year period ending December 31, 2022. 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/ Daniel K. Schlanger 2020-02-24