SEC Form 4 · accession 0001579877-17-000119
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Sriubas
Officer — Chief Commercial Officer
Period of report
Aug 1, 2017
Accepted (ET)
Aug 3, 2017 · 5:50 pm EDT
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 | Aug 1, 2017 | M | 3,226 | $0.00 | A | 36,427 | D | |
| Common StockF1 | Aug 1, 2017 | M | 2,560 | $0.00 | A | 38,987 | D | |
| Common StockF2 | Aug 1, 2017 | A | 1,057 | $0.00 | A | 40,044 | D | |
| Common StockF3 | Aug 1, 2017 | F | 2,532 | $22.67 | D | 37,512 | 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 | — | Aug 1, 2017 | M | 3,226 | D | — | — | Common Stock | 3,226 | 3,228 | D |
| Restricted Share UnitsF1,F4 | — | Aug 1, 2017 | M | 2,560 | D | Aug 1, 2015 | — | Common Stock | 2,560 | 2,560 | 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 August 1, 2017, the closing price of the Company's common stock on the New York Stock Exchange was $22.67.
- F4These restricted share units vest in four equal annual installments beginning on August 1, 2015.