Lynn Feldman - Apr 1, 2022 Form 4 Insider Report for Clear Channel Outdoor Holdings, Inc. (CCO)

Role
EVP, General Counsel & Secretary
Signature
/s/ Lynn A. Feldman
Stock symbol
CCO
Transactions as of
Apr 1, 2022
Transactions value $
-$399,292
Form type
4
Date filed
4/5/2022, 04:31 PM
Previous filing
Sep 14, 2021
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCO Common Stock Options Exercise +113K +20.82% 657K Apr 1, 2022 Direct F1
transaction CCO Common Stock Tax liability -$399K -115K -17.45% $3.48 543K Apr 1, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CCO Restricted Stock Units Options Exercise $0 -113K -50% $0.00 113K Apr 1, 2022 Common Stock 113K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that converted into common stock upon vesting. These restricted stock units were previously reported on Table II.
F2 Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.
F3 Restricted stock unit award, once vested, may be settled in shares of common stock, or in cash equal to the fair market value of the number of vested shares, at the election of the compensation committee of the board of directors.
F4 On October 20, 2020, the reporting person was granted 339,805 restricted stock units, which vest in three equal installments on April 1, 2021, April 1, 2022 and April 1, 2023.

Remarks:

EVP, General Counsel & Secretary