UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Common Stock Options (right to buy) | Â (1) | 09/10/2019 | Common Stock | 40,000 | $ 7.02 | D | Â |
Common Stock Options (right to buy) (3) | Â (2) | 09/10/2009 | Common Stock | 30,721 | $ 7.02 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Eccleshare Christopher William C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 200 EAST BASSE ROAD SAN ANTONIO,, TX 78209 |
 |  |  President & CEO, CCI |  |
/s/ Michelle Miller, as Attonrey-in-Fact on behalf of Christopher William Eccleshare | 10/21/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Assuming continued employment and compliance with the terms and conditions of Mr. Eccleshare's Stock Option Agreement dated as of September 10, 2009 (the "Stock Option Agreement"), half of the shares represented by these options shall become vested and fully execersiable on September 10, 2010 and the other half of the shares represented by these options shall become vested and fully exercisable on September 10, 2011. |
(2) | Assuming continued employement and compliance with the terms and conditions of the Stock Option Agreement, these options shall become vested and fully exercisable in four equal installments beginning on September 10, 2010. |
(3) | The original Form 3 is amended to remove unvested options that will vest only if performance targets are met. No other changes have been made to the original Form 3. |