SEC Form 4 · accession 0001209191-15-023032
Clear Channel Outdoor Holdings, Inc. · CCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Wells
Officer — See Remarks
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 5:17 pm EST
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 | $9.73 | Mar 3, 2015 | A | 330,396 | A | — | Mar 3, 2025 | Class A Common Stock | 330,396 | 330,396 | D |
Explanation of responses
- F1These 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 Exhibit 24.0 - Power of Attorney