ITEM 2.02 - RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On October 19, 2022, Crown Castle Inc. ("Company") issued a press release
disclosing its financial results for the third quarter ended September 30, 2022.
A copy of the press release is furnished herewith as Exhibit 99.1.
ITEM 5.02 - DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
(e) 2023 EMT Annual Incentive Plan. On October 18, 2022, the Board of Directors
("Board") of the Company, following approval by the Compensation Committee of
the Board, approved the Crown Castle Inc. 2023 EMT Annual Incentive Plan ("2023
Incentive Plan") for the Company's executive management team ("EMT"), including
Jay A. Brown (the Company's President and Chief Executive Officer) and the
Company's other executive officers. The 2023 Incentive Plan is intended to
provide incentives to members of the Company's EMT in the form of cash payments
for achieving certain performance goals established under the 2023 Incentive
Plan. Under the 2023 Incentive Plan, each eligible participant has an assigned
target incentive level, expressed as a percentage of base salary. Depending on
the achievement of specified levels of corporate financial performance goals,
each eligible participant may earn a portion or multiple of the target
incentive. The Board's approval of the 2023 Incentive Plan does not create a
guarantee of an incentive award to any eligible participant, and the
Compensation Committee retains discretion to discontinue or amend the 2023
Incentive Plan at any time. A copy of the 2023 Incentive Plan is filed herewith
as Exhibit 10.1 to this Current Report on Form 8-K.
ITEM 7.01 - REGULATION FD DISCLOSURE
The press release referenced in Item 2.02 above refers to certain supplemental
information that was posted as a supplemental information package on the
Company's website on October 19, 2022. The supplemental information package is
furnished herewith as Exhibit 99.2.
ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit Index
Exhibit No. Description
10.1 Crown Castle Inc. 2023 EMT Annual Incentive Plan
99.1 Press Release dated October 19 , 2022
Supplemental Information Package for period ended September 30,
99.2 2022
Cover Page Interactive Data File - the cover page XBRL tags are embedded
104 within the Inline XBRL document
The information in Items 2.02 and 7.01 of this Current Report on Form 8-K ("Form
8-K") and Exhibits 99.1 and 99.2 attached hereto are furnished as part of this
Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise
subject to the liabilities of that section, nor shall such information or
exhibits be deemed incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
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