X0306 4 2019-05-23 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001157962 MORELAND W BENJAMIN 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 Common Stock 2019-05-23 4 A 0 19612 0.00 A 61452 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. The reporting person received 19,612 restricted stock units, which vest in three equal installments on July 1, 2019, October 1, 2019 and January 1, 2020. The reporting person received these awards under the Plan in lieu of an annual cash retainer for 2019. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of W. Benjamin Moreland 2019-05-24