SEC Form 4 · accession 0001209191-15-056880
Clear Channel Outdoor Holdings, Inc. · CCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas L Jacobs
Director
Period of report
Jun 24, 2015
Accepted (ET)
Jun 26, 2015 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 24, 2015 | A | 6,490 | $0.00 | A | 25,401 | D |
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)F2 | $9.63 | Jun 24, 2015 | A | 11,160 | A | — | Jun 24, 2025 | Class A Common Stock | 11,160 | 11,160 | D |
Explanation of responses
- F1The reported item represents a restricted stock award, 50% of which will vest on the third anniversary of June 24, 2015 and 50% of which will vest on the fourth anniversary of June 24, 2015. The reporting person received the award under the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan.
- F2These options were granted under the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan and vest in four equal annual installments beginning on the first anniversary of June 24, 2015.