SCOTT WELLS - 03 May 2022 Form 4 Insider Report for Clear Channel Outdoor Holdings, Inc. (CCO)

Signature
/s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott Wells
Issuer symbol
CCO
Transactions as of
03 May 2022
Net transactions value
-$327,282
Form type
4
Filing time
05 May 2022, 20:07:57 UTC
Previous filing
05 Apr 2022
Next filing
14 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCO Common Stock Award $0 +261,679 +17% $0.000000 1,787,919 03 May 2022 Direct F1
transaction CCO Common Stock Tax liability $327,282 -128,851 -7.2% $2.54 1,659,068 03 May 2022 Direct F2
transaction CCO Common Stock Award $0 +294,612 +18% $0.000000 1,953,680 04 May 2022 Direct F3
holding CCO Common Stock 20,000 03 May 2022 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned upon satisfaction of performance criteria in connection with performance stock units.
F2 Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of performance stock units.
F3 On May 4, 2022, the reporting person was granted 294,612 restricted stock units, which vest in three equal installments on April 1, 2023, April 1, 2024 and April 1, 2025.
F4 These shares are held by the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R Wells and Gary Smith Trustees for the Benefit of Evelyn G Wells, and the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R Wells and Gary Smith Trustees for the Benefit of Charles R Wells.