SEC Form 4 · accession 0001579877-16-000208
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Shassian
Officer — EVP, Chief Financial Officer
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 8:51 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 | Mar 28, 2016 | M | 372 | $0.00 | A | 116,465 | D | |
| Common StockF1 | Mar 28, 2016 | M | 6,913 | $0.00 | A | 123,378 | D | |
| Common StockF1 | Mar 28, 2016 | M | 15,644 | $0.00 | A | 139,022 | D | |
| Common StockF2 | Mar 28, 2016 | A | 3,015 | $0.00 | A | 142,037 | D | |
| Common StockF3 | Mar 28, 2016 | F | 9,599 | $20.34 | D | 132,438 | 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 UnitsF1,F4 | — | Mar 28, 2016 | M | 372 | D | Mar 28, 2015 | — | Common Stock | 372 | 374 | D |
| Restricted Share UnitsF1,F5 | — | Mar 28, 2016 | M | 6,913 | D | Mar 28, 2015 | — | Common Stock | 6,913 | 13,825 | D |
| Restricted Share UnitsF1,F5 | — | Mar 28, 2016 | M | 15,644 | D | Mar 28, 2015 | — | Common Stock | 15,644 | 31,287 | 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.
- F2Shares acquired due to the settlement of dividend equivalents into shares of Company common stock at vesting.
- F3On March 28, 2016, the closing price of the Company's common stock on the New York Stock Exchange was $20.34.
- F4These restricted share units vest in three equal annual installments, beginning on March 28, 2015.
- F5These restricted share units vest in four equal annual installments, beginning on March 28, 2015.