Summary
Crown Castle International Corp. (CCI) has filed an amended Form 8-K to correct the termination date of a blackout period. Originally reported as ending December 7, 2003, the corrected termination date for the blackout period, which affected transactions involving the company's common stock or other equity securities by directors and executive officers, is February 7, 2003. This amendment clarifies that the restrictions on insider trading related to the change in the company's 401(k) plan provider have been lifted as of February 7, 2003. This filing is primarily a procedural correction. Investors should note that the primary impact of this 8-K/A is to confirm the earlier lifting of trading restrictions for company insiders. The underlying reason for the blackout period was a change in the 401(k) plan provider, and its conclusion signifies that directors and executive officers are once again permitted to engage in transactions with the company's securities.
Key Highlights
- 1Correction of previously reported blackout period end date from December 7, 2003, to February 7, 2003.
- 2The blackout period related to a change in the company's 401(k) plan provider.
- 3Directors and executive officers are now permitted to engage in transactions involving Crown Castle's common stock or other equity securities.
- 4The amended filing clarifies the timeline for insider trading restrictions.
- 5This is an amendment to a previous Form 8-K filing dated February 10, 2003.