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OUTFRONT Media Inc. — Director's Dealing 2015
Aug 4, 2015
31366_dirs_2015-08-04_c5303675-1eaf-4956-83f4-c6c40f3848f5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OUTFRONT Media Inc. (OUT)
CIK: 0001579877
Period of Report: 2015-08-01
Reporting Person: Sriubas Andrew (EVP,Strategic Planning & Dev.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-01 | Common Stock | M | 3225 | — | Acquired | 3225 | Direct |
| 2015-08-01 | Common Stock | M | 2560 | — | Acquired | 6103 | Direct |
| 2015-08-01 | Common Stock | F | 2261 | $25.13 | Disposed | 3842 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-01 | Restricted Share Units | $ | M | 3225 | Disposed | Common Stock (3225.0) | Direct | |
| 2015-08-01 | Restricted Share Units | $ | M | 2560 | Disposed | Common Stock (2560.0) | Direct |
Footnotes
F1: These restricted share units are settled by delivery of a corresponding number of shares of common stock of OUTFRONT Media Inc. (the "Company") upon vesting.
F2: Includes shares acquired due to the settlement of dividend equivalents into shares of the Company's common stock at vesting.
F3: On July 31, 2015, the closing price of the Company's common stock on the New York Stock Exchange was $25.13.
F4: These restricted share units vest in four equal annual installments, beginning on August 1, 2015.
F5: These restricted share units were previously reported as 9,000 but were adjusted to reflect the special dividend paid by the Company to its stockholders on December 31, 2014. As a result of the special dividend, the reporting person received an additional 1,240 restricted share units pursuant to the anti-dilution provisions of the Company's Omnibus Stock Incentive Plan.