SEC Form 4 · accession 0001579877-15-000109
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy J. Male
Officer — Chairman & CEO · Director
Period of report
Sep 18, 2015
Accepted (ET)
Sep 22, 2015 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 18, 2015 | M | 14,508 | $0.00 | A | 158,858 | D | |
| Common Stock | Sep 18, 2015 | F | 7,526 | $23.39 | D | 151,332 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4,F1,F3 | — | Sep 18, 2015 | M | 14,508 | D | Sep 18, 2014 | — | Common Stock | 14,508 | 29,018 | 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.
- F2Includes shares acquired due to the settlement of dividend equivalents into shares of Company common stock at vesting.
- F3These restricted share units vest in four equal annual installments, beginning on September 18, 2014.
- F4These restricted share units were last reported as 38,256 but were adjusted to reflect the special dividend paid by the Company to its stockholders on December 31, 2014. As a result of the special dividend, the reporting person received an additional 5,270 restricted share units pursuant to the anti-dilution provisions of the Company's Omnibus Stock Incentive Plan.