WELLS SCOTT 4
4 · Clear Channel Outdoor Holdings, Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
WELLS SCOTT
Director
Transactions
- Exercise/Conversion
Common Stock
2023-03-31+194,175→ 2,073,564 total - Tax Payment
Common Stock
2023-03-31$1.20/sh−38,644$46,373→ 2,034,920 total - Exercise/Conversion
Restricted Stock Units
2023-03-31−194,175→ 0 total→ Common Stock (194,175 underlying)
Holdings
- 40,000(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]Represents restricted stock units that converted into common stock upon vesting. These restricted stock units were previously reported on Table II.
- [F2]Represents the number of shares withheld by Clear Channel Outdoor Holdings, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.
- [F3]These shares are held by the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R Wells and Gary Smith Trustees for the Benefit of Evelyn G Wells, and the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R Wells and Gary Smith Trustees for the Benefit of Charles R Wells.
- [F4]Restricted stock unit award, once vested, could be settled in shares of common stock, or in cash equal to the fair market value of the number of vested shares, at the election of the compensation committee of the board of directors.
- [F5]On October 20, 2020, the reporting person was granted 582,524 restricted stock units, which vested in three equal installments on April 1, 2021, April 1, 2022 and April 1, 2023.