SEC Form 4/A · accession 0000899243-15-005302
Clear Channel Outdoor Holdings, Inc. · CCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Scott Wells
Officer — See Remarks
Period of report
Mar 3, 2015
Accepted (ET)
Sep 23, 2015 · 6:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334978
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $9.73 | Mar 3, 2015 | A | 338,600 | A | — | Mar 3, 2025 | Class A Common Stock | 338,600 | 338,600 | D |
Explanation of responses
- F1As a result of an administrative error, the Form 4 previously filed with the Securities and Exchange Commission on March 5, 2015 misreported the number of options granted to the Reporting Person. That number is corrected in this Form 4.
- F2These options were granted under the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan. Fifty percent of the award vests over time (the "Time Vesting Options") and fifty percent of the award has performance-based vesting. The Time Vesting Options will vest in equal amounts on the first, second, third and fourth anniversaries of the grant date. An additional 165,198 shares will vest, if at all, based on achievement of performance conditions.
Remarks
Chief Executive Officer-Clear Channel Outdoor Americas