X0306 4/A 2015-03-03 2015-03-05 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001456330 WELLS SCOTT 200 EAST BASSE ROAD SAN ANTONIO TX 78209 0 1 0 0 See Remarks Stock Option (Right to Buy) 9.73 2015-03-03 4 A 0 338600 0.00 A 2025-03-03 Class A Common Stock 338600 338600 D As a result of an administrative error, the Form 4 previously filed with the Securities and Exchange Commission on March 5, 2015 misreported the number of options granted to the Reporting Person. That number is corrected in this Form 4. These options were granted under the Clear Channel Outdoor Holdings, Inc. 2012 Stock Incentive Plan. Fifty percent of the award vests over time (the "Time Vesting Options") and fifty percent of the award has performance-based vesting. The Time Vesting Options will vest in equal amounts on the first, second, third and fourth anniversaries of the grant date. An additional 165,198 shares will vest, if at all, based on achievement of performance conditions. Chief Executive Officer-Clear Channel Outdoor Americas /s/ Robert H. Walls, Jr., As Attorney-in-Fact for Scott Wells 2015-09-23