X0306 4 2019-05-01 1 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001472175 Eccleshare Christopher William C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 20880 STONE OAK PARKWAY SAN ANTONIO TX 78258 0 1 0 0 See Remarks Common Stock 2019-05-01 4 D 0 608717 D 0 D Option (Right to Buy) 1.17 2019-05-01 4 D 0 164907 D 2019-09-10 Common Stock 164907 0 D Option (Right to Buy) 1.16 2019-05-01 4 D 0 22500 D 2020-02-24 Common Stock 22500 0 D Option (Right to Buy) 1.43 2019-05-01 4 D 0 63583 D 2020-09-10 Common Stock 63583 0 D Option (Right to Buy) 4.78 2019-05-01 4 D 0 15360 D 2020-12-13 Common Stock 15360 0 D Option (Right to Buy) 6.09 2019-05-01 4 D 0 90000 D 2021-02-21 Common Stock 90000 0 D Option (Right to Buy) 5.02 2019-05-01 4 D 0 90000 D 2022-03-26 Common Stock 90000 0 D Disposed of pursuant to the merger agreement between Clear Channel Outdoor Holdings, Inc. ("Old CCOH") and Clear Channel Holdings, Inc. (n/k/a Clear Channel Outdoor Holdings, Inc.) ("New CCOH") (the "Merger Agreement") in exchange for 608,717 shares of New CCOH common stock. Includes the following shares of restricted stock disposed of pursuant to the Merger Agreement in exchange for an equal number of shares of New CCOH restricted stock: 25,000 shares of restricted stock which vest in two equal installments on September 21, 2019 and September 21, 2020, 4,191 shares of restricted stock which vest in two equal installments on September 21, 2019 and September 21, 2020, 70,588 shares of restricted stock which vest on June 28, 2019 and 221,729 shares of restricted stock which vest in two equal installments on September 12, 2021 and September 12, 2022. This option was assumed by New CCOH pursuant to the Merger Agreement and replaced with 164,907 options to purchase common stock of New CCOH. The options are fully vested. This option was assumed by New CCOH pursuant to the Merger Agreement and replaced with 22,500 options to purchase common stock of New CCOH. The options are fully vested. This option was assumed by New CCOH pursuant to the Merger Agreement and replaced with 63,583 options to purchase common stock of New CCOH. The options are fully vested. This option was assumed by New CCOH pursuant to the Merger Agreement and replaced with 15,360 options to purchase common stock of New CCOH. The options are fully vested. This option was assumed by New CCOH pursuant to the Merger Agreement and replaced with 90,000 options to purchase common stock of New CCOH. The options are fully vested. This option was assumed by New CCOH pursuant to the Merger Agreement and replaced with 90,000 options to purchase common stock of New CCOH. The options are fully vested. 1. Mr. Eccleshare's title was Chairman and Chief Executive Officer of Clear Channel International. /s/ Lauren E. Dean, as Attorney-in-fact on behalf of C. William Eccleshare 2019-05-02