SEC Form 4 · accession 0001579877-18-000011
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H. Sauer
Officer — EVP, General Counsel
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 7:32 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 16, 2018 | M | 2,941 | $0.00 | A | 35,693 | D | |
| Common StockF2 | Feb 16, 2018 | A | 194 | $0.00 | A | 35,887 | D | |
| Common StockF3 | Feb 16, 2018 | F | 1,200 | $21.78 | D | 34,687 | D | |
| Common StockF1 | Feb 18, 2018 | M | 10,079 | $0.00 | A | 44,766 | D | |
| Common StockF2 | Feb 18, 2018 | A | 1,294 | $0.00 | A | 46,060 | D | |
| Common StockF3 | Feb 18, 2018 | F | 4,348 | $21.78 | D | 41,712 | D | |
| Common StockF1 | Feb 19, 2018 | M | 6,159 | $0.00 | A | 47,871 | D | |
| Common StockF2 | Feb 19, 2018 | A | 1,168 | $0.00 | A | 49,039 | D | |
| Common StockF3 | Feb 19, 2018 | F | 2,870 | $21.78 | D | 46,169 | 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 16, 2018 | M | 2,941 | D | Feb 16, 2018 | — | Common Stock | 2,941 | 5,882 | D |
| Restricted Share UnitsF1,F5 | — | Feb 18, 2018 | M | 10,079 | D | Feb 18, 2017 | — | Common Stock | 10,079 | 10,080 | D |
| Restricted Share UnitsF1,F6 | — | Feb 19, 2018 | M | 6,159 | D | Feb 19, 2016 | — | Common Stock | 6,159 | 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.
- F2Shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock at vesting.
- F3On February 16, 2018, the last preceding business day, the closing price of the Company's common stock on the New York Stock Exchange was $21.78.
- F4These restricted share units vest in three equal annual installments, beginning on February 16, 2018.
- F5These restricted share units vest in three equal annual installments, beginning on February 18, 2017.
- F6These restricted share units vest in three equal annual installments, beginning on February 19, 2016.