4//SEC Filing
Garschina Kenneth M. 4
Accession 0001144204-13-003463
CIK 0001334978other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:33 PM ET
Size
12.1 KB
Accession
0001144204-13-003463
Insider Transaction Report
Form 4
MASON CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Sale
Class A Common Stock, $.01 par value
2013-01-18$7.49/sh−167,852$1,257,211→ 4,172,946 total(indirect: See Footnote) - Sale
Class A Common Stock, $.01 par value
2013-01-17$7.49/sh−732,148$5,483,789→ 4,340,798 total(indirect: See Footnote)
Martino Michael E
10% Owner
Transactions
- Sale
Class A Common Stock, $.01 par value
2013-01-17$7.49/sh−732,148$5,483,789→ 4,340,798 total(indirect: See Footnote) - Sale
Class A Common Stock, $.01 par value
2013-01-18$7.49/sh−167,852$1,257,211→ 4,172,946 total(indirect: See Footnote)
Garschina Kenneth M.
10% Owner
Transactions
- Sale
Class A Common Stock, $.01 par value
2013-01-17$7.49/sh−732,148$5,483,789→ 4,340,798 total(indirect: See Footnote) - Sale
Class A Common Stock, $.01 par value
2013-01-18$7.49/sh−167,852$1,257,211→ 4,172,946 total(indirect: See Footnote)
Footnotes (4)
- [F1]The shares of Class A Common Stock reported herein as indirectly beneficially owned by Mason Capital Management LLC ("Mason Management"), Kenneth M. Garschina and Michael E. Martino are directly owned by Mason Capital L.P., a Delaware limited partnership ("Mason Capital LP"), Mason Capital Master Fund, L.P., a Cayman Islands exempted limited partnership ("Mason Capital Master Fund"), and certain other funds and accounts (the "Managed Accounts"). Mason Management is the investment manager of each of Mason Capital LP, Mason Capital Master Fund and the Managed Accounts and may be deemed to have beneficial ownership of the shares of Class A Common Stock reported herein by virtue of the authority granted to Mason Management by Mason Capital LP, Mason Capital Master Fund and the Managed Accounts to vote and dispose of such shares.
- [F2]Mr. Garschina and Mr. Martino may be deemed to have beneficial ownership of the shares of Class A Common Stock reported herein in their capacities as managing principals of Mason Management. Indirect beneficial ownership of the shares of Class A Common Stock reported herein has not been allocated to the Reporting Persons on a proportional basis. Each of Mason Management, Mr. Garschina and Mr. Martino disclaims beneficial ownership of such shares except to the extent of its or his pecuniary interest therein pursuant to Rule 16a-1(a)(2).
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.585 to $7.487, inclusive. The Reporting Persons undertake to provide to Clear Channel Outdoor Holdings, Inc., any security holder of Clear Channel Outdoor Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.576 to $7.480, inclusive. The Reporting Persons undertake to provide to Clear Channel Outdoor Holdings, Inc., any security holder of Clear Channel Outdoor Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
Documents
Issuer
Clear Channel Outdoor Holdings, Inc.
CIK 0001334978
Entity typeother
Related Parties
1- filerCIK 0001481233
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:33 PM ET
- Size
- 12.1 KB