X0306 4 2019-05-23 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001204334 HOBSON ANDREW W C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 20880 STONE OAK PARKWAY SAN ANTONIO TX 78258 1 0 0 0 Common Stock 2019-05-23 4 A 0 20920 0.00 A 20920 D Common Stock 2019-05-23 4 A 0 20920 0.00 A 41840 D The reporting person received a fully vested award of common stock under the Clear Channel Outdoor Holdings, Inc. 2012 Amended and Restated Stock Incentive Plan (the "Plan"). The reporting person received 20,920 restricted stock units, which vest on January 1, 2020, under the Plan. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Andrew Hobson 2019-05-24