SEC Form 4 · accession 0001579877-16-000286
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
Dec 2, 2016
Accepted (ET)
Dec 6, 2016 · 5:31 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 | Dec 2, 2016 | M | 5,318 | $0.00 | A | 142,756 | D | |
| Common StockF2 | Dec 2, 2016 | A | 63 | $0.00 | A | 142,819 | D | |
| Common StockF3 | Dec 2, 2016 | F | 2,689 | $24.68 | D | 140,130 | 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 | — | Dec 2, 2016 | M | 5,318 | D | Dec 2, 2014 | — | Common Stock | 5,318 | 5,319 | 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 December 2, 2016, the closing price of the Company's common stock on the New York Stock Exchange was $24.68.
- F4These restricted share units vest in four equal annual installments, beginning on December 2, 2014.