Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 87

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 87
---
 |     |                                 | $ |   672,947 |     |                          | $ |   672,947 |    |     |                                                 | $ | — |     |                                            | $ | — |     |                                      | $ |    672,947 |    |
|                 |     | TOTAL                       |     |                                                              | $ |   695,168 |    |     |                                 | $ |   672,947 |     |                          | $ |   672,947 |    |     |                                                 | $ | — |     |                                            | $ | — |     |                                      | $ |  1,634,884 |    |

| (b) | Amounts reflected in the “Change in Control without Termination” column were calculated assuming that no termination occurred after the change in control. The values of any additional benefits to the NEOs that would arise only if a termination were to occur after a change in control are disclosed in the footnotes to the “Change in Control with Termination” or other applicable columns. |

| (c) | Represents the sum of (1) 1.5 times Mr. Wells’ base salary at termination, (2) the pro rata portion of Mr. Wells’ annual bonus based on actual performance for the year ended December 31, 2024, and (3) his annual target bonus for the year ended December 31, 2024, pursuant to Mr. Wells’ employment agreement. |

| (d) | Represents an amount equal to (i) the product of (a) 2.0, multiplied by (b) the sum of (1) Mr. Wells’ base salary at termination and (2) Mr. Wells’ annual target bonus for the year ended December 31, 2024, plus (ii) a prorated portion of his annual target bonus for the year ended December 31, 2024, based on actual performance, in each case, pursuant to the Change in Control Severance Plan. |

| (e) | The value associated with the continued provision of health benefits are based on COBRA premiums for health insurance (less the amount Mr. Wells would have paid to continue the same coverage if he remained employed) for the 18 months following termination, pursuant to Mr. Wells’ employment agreement. |

| (f) | The value associated with the continued provision of health benefits are based on COBRA premiums for health insurance (less the amount the applicable NEO would have