SEC Form 4 · accession 0001334978-16-000041
Clear Channel Outdoor Holdings, Inc. · CCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher William Eccleshare
Officer — See Remarks
Period of report
Sep 21, 2016
Accepted (ET)
Sep 22, 2016 · 2:10 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 | Sep 21, 2016 | A | 25,000 | $0.00 | A | 348,352 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported item represents a restricted stock unit award. The restricted stock units will vest as follows: 12,500 units will vest on September 21, 2019 and 12,500 units will vest on September 21, 2020. Upon vesting of the restricted stock units, the reporting person shall be entitled to receive a number of shares of Class A Common Stock equal to the number of restricted stock units then vesting. The reporting person received the restricted stock unit award under the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan.
Remarks
Chairman and Chief Executive Officer of Clear Channel International