X0306 4 2019-06-03 0 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 1 1 0 0 Chief Executive Officer Common Stock 2019-06-03 4 A 0 293542 0.00 A 902259 D Option (Right to Buy) 5.11 2019-06-03 4 A 0 2189781 0.00 A 2029-06-03 Common Stock 2189781 2189781 D The reported item represents a restricted stock unit award, which will vest in three equal installments on December 31, 2019, December 31, 2020 and December 31, 2021. The reporting person received the award under the Clear Channel Outdoor Holdings, Inc. 2012 Amended and Restated Stock Incentive Plan (the "Plan"). The reporting person received an award of stock options, which will vest in three equal installments on December 31, 2019, December 31, 2020 and December 31, 2021, under the Plan. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of C. William Eccleshare 2019-06-05