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OUTFRONT Media Inc. — Director's Dealing 2015
Mar 31, 2015
31366_dirs_2015-03-31_fdb756a0-5505-40f3-ad77-cd75fc9166f1.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: 2015-03-28
Reporting Person: Sauer Richard H. (EVP, General Counsel & Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-28 | Common Stock | M | 1117 | — | Acquired | 11327 | Direct |
| 2015-03-28 | Common Stock | M | 1408 | — | Acquired | 12735 | Direct |
| 2015-03-28 | Common Stock | M | 304 | — | Acquired | 13120 | Direct |
| 2015-03-28 | Common Stock | F | 1205 | $30.09 | Disposed | 11915 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-28 | Restricted Share Units | $ | M | 1117 | Disposed | Common Stock (1117.0) | Direct | |
| 2015-03-28 | Restricted Share Units | $ | M | 1408 | Disposed | Common Stock (1408.0) | Direct | |
| 2015-03-28 | Restricted Share Units | $ | M | 304 | Disposed | Common Stock (304.0) | Direct |
Footnotes
F1: The 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: These restricted share units vest in four equal annual installments, beginning on March 28, 2015.
F4: These restricted share units were previously reported as 3,928 restricted share units 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 541 restricted share units pursuant to the anti-dilution provisions of the Company's Omnibus Stock Incentive Plan.
F5: These restricted share units vest in three equal annual installments, beginning on March 28, 2015.
F6: These restricted share units were previously reported as 804 restricted share units 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 110 restricted share units pursuant to the anti-dilution provisions of the Company's Omnibus Stock Incentive Plan.