SEC Form 4 · accession 0001579877-17-000045
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
Feb 18, 2017
Accepted (ET)
Feb 22, 2017 · 7:14 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 18, 2017 | M | 28,557 | $0.00 | A | 168,687 | D | |
| Common StockF2 | Feb 18, 2017 | A | 1,435 | $0.00 | A | 170,122 | D | |
| Common StockF3 | Feb 18, 2017 | F | 13,180 | $27.04 | D | 156,942 | D | |
| Common StockF1 | Feb 19, 2017 | M | 21,303 | $0.00 | A | 178,245 | D | |
| Common StockF2 | Feb 19, 2017 | A | 2,174 | $0.00 | A | 180,419 | D | |
| Common StockF3 | Feb 19, 2017 | F | 9,028 | $27.04 | D | 171,391 | 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 | — | Feb 18, 2017 | M | 28,557 | D | Feb 18, 2017 | — | Common Stock | 28,557 | 57,115 | D |
| Restricted Share UnitsF1,F5 | — | Feb 19, 2017 | M | 21,303 | D | Feb 19, 2016 | — | Common Stock | 21,303 | 21,304 | 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.
- F2Shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock at vesting.
- F3On February 17, 2017, the last preceding business day, the closing price of the Company's common stock on the New York Stock Exchange was $27.04.
- F4These restricted share units vest in three equal annual installments, beginning on February 18, 2017.
- F5These restricted share units vest in three equal annual installments, beginning on February 19, 2016.