OUTFRONT Media Inc. — Director's Dealing 2014

Mar 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBS OUTDOOR AMERICAS INC. (CBSO)
CIK: 0001579877
Period of Report: 2014-03-27

Reporting Person: Shassian Donald R (EVP, Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-27	Restricted Share Units	$	A	18695	Acquired		Common Stock (18695.0)	Direct
2014-03-28	Restricted Share Units	$	A	491	Acquired		Common Stock (491.0)	Direct
2014-03-28	Restricted Share Units	$	A	491	Acquired		Common Stock (491.0)	Direct

Footnotes

F1: Granted under Issuer's long term incentive plan.

F2: These Restricted Share Units vest equally over a four year period and are settled by delivery of a corresponding number of Issuer's shares upon vesting.

F3: The securities reported are the result of the conversion of Restricted Shares Units ("RSUs") originally granted by CBS Corporation ("CBS") into RSUs of the Issuer in connection with the Issuer's initial public offering. The number of RSUs of the Issuer received by the Reporting Person was based on the ratio of the closing stock price of CBS Class B Common Stock on March 27, 2014 divided by the stock price offered by the Issuer on the date of the initial public offering.

F4: These Restricted Share Units vest equally over a three year period and are settled by a correponding number of Issuer's shares upon vesting.