BROADER MEDIA, LLC 4
4 · Clear Channel Outdoor Holdings, Inc. · Filed Apr 25, 2019
Insider Transaction Report
Form 4
BROADER MEDIA, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2019-04-24−100,000,000→ 0 total→ Class B Common Stock (100,000,000 underlying)
Footnotes (4)
- [F1]Each share of Class B Common Stock of the Issuer is convertible at any time into one share of Class A Common Stock, subject to certain limited exceptions.
- [F2]Each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon any transfer, subject to certain limited exceptions, including transfer to affiliates. The shares of Class B Common Stock will not convert into Class A Common Stock as a result of the transaction reported hereby.
- [F3]Represents a distribution of the reported securities by the reporting person to its immediate parent, Clear Channel Holdings, Inc.
- [F4]Any conversions are effected on a one-for-one basis.