HOGAN JOHN E 4
4 · CC Media Holdings Inc · Filed Feb 22, 2011
Insider Transaction Report
Form 4
HOGAN JOHN E
CEO - Clear Channel Radio
Transactions
- Award
Employee Stock Options (Right to Buy)
2011-02-17+27,074→ 27,074 totalExercise: $10.00Exp: 2021-02-17→ Class A Common Stock (27,074 underlying)
Footnotes (2)
- [F1]These options vest in four equal installments annually beginning on the first anniversary of the grant date.
- [F2]On February 17, 2011, the issuer granted, subject to forfeiture, the options reported herein (the "replacement option award") to the reporting person pursuant to the issuer's option exchange program. Certain existing options held by the reporting person may be exchanged in the option exchange program, at the reporting person's election, for the right to retain the replacement option award. The option exchange program will expire on March 21, 2011. If the reporting person ceases to be eligible to participate in, or declines to participate in, the option exchange program, the replacement option award will be forfeited on such date, and the reporting person will retain his existing options with no changes to the term thereof.