# EDGAR Filing Document

**Accession Number:** 0001051470
**File Stem:** 0001051470-23-000035
**Filing Date:** 2023-2
**Character Count:** 8233
**Document Hash:** 437883d0c5e627af6838bc33c0642c3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001051470-23-000035.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001051470-23-000035

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230221

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Adams Edward B JR
- **CENTRAL INDEX KEY:** 0001966724

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-16441
- **FILM NUMBER:** 23661260

**MAIL ADDRESS:**
- **STREET 1:** 8020 KATY FREEWAY
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77024
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CROWN CASTLE INC.
- **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:** 8020 KATY FREEWAY
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77024
- **BUSINESS PHONE:** 7135703000

**MAIL ADDRESS:**
- **STREET 1:** 8020 KATY FREEWAY
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77024

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CROWN CASTLE INTERNATIONAL CORP
- **DATE OF NAME CHANGE:** 19971215

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] 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**<sup>*</sup><br>Adams Edward B JR<br><sub>(Last) (First) (Middle)</sub><br>8020 KATY FREEWAY<br><sub>(Street)</sub><br>HOUSTON, TX 77024<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>CROWN CASTLE INC. [ CCI ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-02-21 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_EVP and General Counsel_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock, $0.01 Par Value | 17265 | D |  |
| Common Stock, $0.01 Par Value | 531<sup>(1)</sup> | I | By 401(K) Plan |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Time RSUs | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 422.0 | <sup>(3)</sup> | D |  |
| Time RSUs | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 345.0 | <sup>(3)</sup> | D |  |
| Performance RSUs | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 1279.0 | <sup>(3)</sup> | D |  |
| Performance RSUs | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 1962.0 | <sup>(3)</sup> | D |  |
| Time RSUs | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 981.0 | <sup>(3)</sup> | D |  |
| Performance RSUs | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 1167.0 | <sup>(3)</sup> | D |  |
| Performance RSUs | <sup>(9)</sup> | <sup>(9)</sup> | Common Stock | 1701.0 | <sup>(3)</sup> | D |  |

---

### Footnotes:

(1) Represents shares previously acquired in transactions exempt under Rule 16b-3(c).

(2) 100% of these Time RSUs may vest on February 19, 2024

(3) Each 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 herein.

(4) Approximately 50% of these Time RSUs may vest on September 10 of each of 2023 and 2024.

(5) 0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2024 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, 2023. 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.

(6) 0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2024 based on the Company's annualized TSR for the three-year period ending December 31, 2023. 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.

(7) Approximately 50% of these Time RSUs may vest on February 19 of each of 2024 and 2025.

(8) 0% to 150% of these Relative TSR Performance RSUs may vest on February 19, 2025 based on the Company's TSR Rank relative to the constituent companies of the Standard & Poor's 500 Index for the three-year period ending December 31, 2024. 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.

(9) 0% to 150% of these Absolute TSR Performance RSUs may vest on February 19, 2025 based on the Company's annualized TSR for the three-year period ending December 31, 2024. 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.

**Signature:** /s/ Edward B. Adams, Jr.  
**Date:** 2023-02-23

### Remarks:

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.**