SEC Form 4 · accession 0001579877-17-000048
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Sriubas
Officer — EVP,Strategic Planning & Dev.
Period of report
Feb 18, 2017
Accepted (ET)
Feb 22, 2017 · 7:15 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 | 12,598 | $0.00 | A | 31,917 | D | |
| Common StockF2 | Feb 18, 2017 | A | 633 | $0.00 | A | 32,550 | D | |
| Common StockF3 | Feb 18, 2017 | F | 4,893 | $27.04 | D | 27,657 | D | |
| Common StockF1 | Feb 19, 2017 | M | 8,077 | $0.00 | A | 35,734 | D | |
| Common StockF2 | Feb 19, 2017 | A | 815 | $0.00 | A | 36,549 | D | |
| Common StockF3 | Feb 19, 2017 | F | 3,348 | $27.04 | D | 33,201 | 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 | 12,598 | D | Feb 18, 2017 | — | Common Stock | 12,598 | 25,198 | D |
| Restricted Share UnitsF1,F5 | — | Feb 19, 2017 | M | 8,077 | D | Feb 19, 2016 | — | Common Stock | 8,077 | 8,077 | 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.