SEC Form 4 · accession 0001579877-18-000128
OUTFRONT Media Inc. · OUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clive A. Punter
Officer — EVP and Chief Revenue Officer
Period of report
Nov 3, 2018
Accepted (ET)
Nov 6, 2018 · 4:40 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 | Nov 3, 2018 | M | 3,435 | $0.00 | A | 53,614 | D | |
| Common StockF1 | Nov 3, 2018 | M | 2,726 | $0.00 | A | 56,340 | D | |
| Common StockF2 | Nov 3, 2018 | A | 1,908 | $0.00 | A | 58,248 | D | |
| Common StockF3 | Nov 3, 2018 | F | 4,297 | $18.00 | D | 53,951 | 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 | — | Nov 3, 2018 | M | 3,435 | D | — | — | Common Stock | 3,435 | 0 | D |
| Restricted Share UnitsF1,F4 | — | Nov 3, 2018 | M | 2,726 | D | Nov 3, 2015 | — | Common Stock | 2,726 | 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 Company's common stock at vesting.
- F3On November 2, 2018, the last preceding business day, the closing price of the Company's common stock on the New York Stock Exchange was $18.00.
- F4These restricted share units vest in four equal annual installments, beginning on November 3, 2015.