SEC Form 4 · accession 0001579877-16-000281
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clive A. Punter
Officer — EVP and Chief Revenue Officer
Period of report
Nov 3, 2016
Accepted (ET)
Nov 7, 2016 · 6:05 pm EST
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 | Nov 3, 2016 | M | 3,435 | $0.00 | A | 12,301 | D | |
| Common StockF1 | Nov 3, 2016 | M | 2,726 | $0.00 | A | 15,027 | D | |
| Common StockF2 | Nov 3, 2016 | A | 798 | $0.00 | A | 15,825 | D | |
| Common StockF3 | Nov 3, 2016 | F | 2,871 | $21.30 | D | 12,954 | 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 | — | Nov 3, 2016 | M | 3,435 | D | — | — | Common Stock | 3,435 | 6,870 | D |
| Restricted Share UnitsF1,F4 | — | Nov 3, 2016 | M | 2,726 | D | Nov 3, 2015 | — | Common Stock | 2,726 | 5,452 | 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 the Company's common stock at vesting.
- F3On November 3, 2016, the closing price of the Company's common stock on the New York Stock Exchange was $21.30.
- F4These restricted share units vest in four equal annual installments, beginning on November 3, 2015.