Scott Wells - May 2, 2023 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 2, 2023
Transactions value $
-$198,584
Form type
4
Date filed
5/4/2023, 06:08 PM
Previous filing
Apr 4, 2023
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCO Common Stock Award $0 +388K +19.08% $0.00 2.42M May 2, 2023 Direct F1
transaction CCO Common Stock Tax liability -$199K -153K -6.3% $1.30 2.27M May 2, 2023 Direct F2
transaction CCO Common Stock Award $0 +758K +33.4% $0.00 3.03M May 2, 2023 Direct F3
holding CCO Common Stock 40K May 2, 2023 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 2, 2023, the reporting person was granted 758,333 restricted stock units, which vest in three equal installments on April 1, 2024, April 1, 2025 and April 1, 2026.
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.