X0306 4 2020-09-09 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001456330 WELLS SCOTT C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 4830 NORTH LOOP 1604W, SUITE 111 SAN ANTONIO TX 78249 0 1 0 0 EVP and CEO - Americas Common Stock 2020-09-09 5 G 0 E 20000 0.00 D 847356 D Common Stock 2020-09-09 5 G 0 E 20000 0.00 A 20000 I See Footnote On September 9, 2020, the reporting person transferred 20,000 shares of the common stock of Clear Channel Outdoor Holdings, Inc. to trusts of which the reporting person's children are beneficiaries and the reporting person is trustee. These shares are held by the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R Wells and Gary Smith Trustees for the Benefit of Evelyn G Wells and the Wells 2013 Irrevocable Trust U/A 05/06/13 Scott R Wells and Gary Smith Trustees for the Benefit of Charles R Wells. /s/ Lynn A. Feldman, as Attorney-in-fact on behalf of Scott Wells 2020-09-11