SEC Form 4 · accession 0001579877-17-000006
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H. Sauer
Officer — EVP, General Counsel & Sec.
Period of report
Feb 12, 2017
Accepted (ET)
Feb 14, 2017 · 5:51 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 | Feb 12, 2017 | M | 1,448 | $0.00 | A | 21,391 | D | |
| Common StockF2 | Feb 12, 2017 | F | 674 | $27.27 | D | 20,717 | 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,F3 | — | Feb 12, 2017 | M | 1,448 | D | Feb 12, 2015 | — | Common Stock | 1,448 | 0 | D |
Explanation of responses
- F1These restricted share units are settled by delivery of a corresponding number of shares of common stock of OUTFRONT Media Inc. (the "Company") upon vesting.
- F2On February 10, 2017, the last preceding business day, the closing price of the Company's common stock on the New York Stock Exchange was $27.27.
- F3These restricted share units vest in three equal annual installments, beginning on February 12, 2015.