Summary
Crown Castle International Corp. (CCI) filed an 8-K on December 20, 2005, reporting on changes to its non-employee director compensation. The Board of Directors approved modifications to the annual equity grant component of compensation for these directors. This filing primarily serves to disclose the approval of these changes, with a detailed summary of the compensation structure for non-employee directors attached as an exhibit.
Key Highlights
- 1Board of Directors approved changes to non-employee director compensation.
- 2The changes specifically pertain to the annual equity grant component.
- 3A summary of the current non-employee director compensation is filed as an exhibit.
- 4The effective date of the earliest event reported is December 15, 2005.
- 5This 8-K is filed under Item 1.01 (Entry into a Material Definitive Agreement).
Frequently Asked Questions
The main purpose of this 8-K filing is to report that Crown Castle International Corp.'s Board of Directors has approved changes to the annual equity compensation for its non-employee directors.
The filing states that changes were made to the annual equity grant component of compensation for non-employee directors. A detailed summary of the compensation structure is provided as an exhibit for further information.
The Board of Directors approved these changes on December 15, 2005, which is the earliest event reported in this filing.