Scott Wells - Jan 20, 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
Stock symbol
CCO
Transactions as of
Jan 20, 2022
Transactions value $
$0
Form type
4
Date filed
1/24/2022, 03:05 PM
Previous filing
Sep 14, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCO Common Stock Award +312K +25.55% 1.53M Jan 20, 2022 Direct F1, F2
holding CCO Common Stock 20K Jan 20, 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 311,526 restricted stock units as part of an annual long term incentive award.
F2 The reported item represents a restricted stock unit award, which will vest in three equal installments on January 20, 2023, January 20, 2024 and January 20, 2025. The reporting person received the award under the Clear Channel Outdoor Holdings, Inc. 2012 Amended and Restated Stock Incentive Plan. Each restricted stock unit, once vested, represents a right to receive one (1) share of the Issuer's common stock for no consideration.
F3 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.