SCOTT WELLS - 20 Jan 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
Issuer symbol: CCO
Transactions as of: 20 Jan 2022
Transactions value $: $0
Form type: 4
Filing time: 24 Jan 2022, 15:05:16 UTC
Previous filing: 14 Sep 2021
Next filing: 05 Apr 2022
SEC: View on sec.gov

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	20 Jan 2022	Direct	F1, F2
holding	CCO	Common Stock						20K	20 Jan 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.