Scott Wells - May 3, 2022 Form 4 Insider Report for Clear Channel Outdoor Holdings, Inc. (CCO)

Role
Chief Executive Officer, Director
Signature
/s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott Wells
Stock symbol
CCO
Transactions as of
May 3, 2022
Transactions value $
-$327,282
Form type
4
Date filed
5/5/2022, 08:07 PM
Previous filing
Apr 5, 2022
Next filing
Sep 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCO Common Stock Award $0 +262K +17.15% $0.00 1.79M May 3, 2022 Direct F1
transaction CCO Common Stock Tax liability -$327K -129K -7.21% $2.54 1.66M May 3, 2022 Direct F2
transaction CCO Common Stock Award $0 +295K +17.76% $0.00 1.95M May 4, 2022 Direct F3
holding CCO Common Stock 20K May 3, 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.