SEC Form 4 · accession 0001579877-15-000016
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Richard H. Sauer
Officer — EVP, General Counsel & Sec.
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 8:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579877
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Feb 19, 2015 | A | 7,651 | A | Feb 19, 2016 | — | Common Stock | 7,651 | 7,651 | D |
| Restricted Share UnitsF1,F4,F5 | — | Feb 19, 2015 | A | 4,952 | A | Mar 28, 2015 | — | Common Stock | 4,952 | 5,635 | D |
Explanation of responses
- F1The restricted share units are settled by delivery of a corresponding number of shares of common stock of OUTFRONT Media Inc. (the "Company") upon vesting.
- F2These restricted share units vest in three equal annual installments, beginning on February 19, 2016.
- F3On February 19, 2015, the performance target associated with these restricted share units was certified as having been achieved.
- F4These restricted share units vest in four equal annual installments, beginning on March 28, 2015.
- F5In connection with a special dividend paid by the Company to its stockholders on December 31, 2014, these restricted share units include 683 restricted share units that the reporting person received in connection with the anti-dilution adjustments made pursuant to the provisions of the Company's Omnibus Stock Incentive Plan.