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Ownership Document |
Schema Version: X0407 |
Document Type: 4 |
Period of Report: 3/23/23 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1334978 |
| Issuer Name: Clear Channel Outdoor Holdings, Inc. |
| Issuer Trading Symbol: CCO |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1456330 |
| | Owner Name: WELLS SCOTT |
| Reporting Owner Address: |
| | Owner Street 1: C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. |
| | Owner Street 2: 4830 NORTH LOOP 1604W, SUITE 111 |
| | Owner City: SAN ANTONIO |
| | Owner State: TX |
| | Owner ZIP Code: 78249 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Executive Officer |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/23/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: G |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 20,000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,879,389 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/23/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: G |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 20,000 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 40,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See Footnote |
| Footnote ID: F2 |
Footnotes: |
| Footnote - F1: On March 23, 2023, the reporting person transferred 20,000 shares of the common stock of Clear Channel Outdoor Holdings, Inc. to trusts of which the reporting person's children are beneficiaries and the reporting person is trustee. |
| Footnote - F2: These shares are held by the Wells 2013 Irrevocable Trust U/A 5/6/13 Scott R Wells and Gary Smith Trustees for the Benefit of Evelyn G Wells and the Wells 2013 Irrevocable Trust U/A 5/6/13 Scott R Wells and Gary Smith Trustees for the Benefit of Charles R Wells. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott R. Wells |
| Signature Date: 3/27/23 |