Scott Wells - May 31, 2024 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 31, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 04:10 PM
Previous filing
May 17, 2024

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 Performance Stock Units Award $0 +3.21M $0.00 3.21M May 31, 2024 Common Stock 3.21M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 31, 2024, the reporting person was granted 3,205,128 performance stock units. Each performance stock unit represents a contingent right to receive one share of Clear Channel Outdoor Holdings, Inc.'s common stock.
F2 The performance stock units vest and become earned in one-third increments based on the achievement of specified stock price performance hurdles during a four-year performance period, beginning on May 31, 2024 and ending on May 31, 2028, and subject to service-based vesting conditions.