SEC Form 4 · accession 0001579877-18-000056
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
Mar 28, 2018
Accepted (ET)
Mar 29, 2018 · 9:38 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 | Mar 28, 2018 | M | 6,913 | $0.00 | A | 243,635 | D | |
| Common StockF1 | Mar 28, 2018 | M | 15,646 | $0.00 | A | 259,281 | D | |
| Common StockF2 | Mar 28, 2018 | A | 6,272 | $0.00 | A | 265,553 | D | |
| Common StockF3 | Mar 28, 2018 | F | 14,122 | $18.68 | D | 251,431 | 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 | — | Mar 28, 2018 | M | 6,913 | D | Mar 28, 2015 | — | Common Stock | 6,913 | 0 | D |
| Restricted Share UnitsF1,F4 | — | Mar 28, 2018 | M | 15,646 | D | Mar 28, 2015 | — | Common Stock | 15,646 | 0 | 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 March 28, 2018, the closing price of the Company's common stock on the New York Stock Exchange was $18.68.
- F4These restricted share units vest in four equal annual installments, beginning on March 28, 2015.