COCHRANE JUSTIN 4
4 · Clear Channel Outdoor Holdings, Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
COCHRANE JUSTIN
Other
Transactions
- Exercise/Conversion
Common Stock
2023-03-31+48,544→ 700,015 total - Tax Payment
Common Stock
2023-03-31$1.20/sh−53,709$64,451→ 646,306 total - Exercise/Conversion
Restricted Stock Units
2023-03-31−48,544→ 0 total→ Common Stock (48,544 underlying)
Footnotes (4)
- [F1]Represents restricted stock units that converted into common stock upon vesting. These restricted stock units were previously reported in 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]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.
- [F4]On October 20, 2020, the reporting person was granted 145,631 restricted stock units, which vested in three equal installments on April 1, 2021, April 1, 2022 and April 1, 2023.