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OUTFRONT Media Inc. — Director's Dealing 2023
Feb 22, 2023
31366_dirs_2023-02-22_0ee084e2-7b92-467a-9ca6-af1cbf96df4c.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: 2023-02-20
Reporting Person: Sauer Richard H. (EVP, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-20 | Common Stock | M | 32390 | — | Acquired | 84469 | Direct |
| 2023-02-20 | Common Stock | M | 11302 | — | Acquired | 95771 | Direct |
| 2023-02-20 | Common Stock | M | 13036 | — | Acquired | 108807 | Direct |
| 2023-02-20 | Common Stock | M | 3265 | — | Acquired | 112072 | Direct |
| 2023-02-20 | Common Stock | A | 4322 | — | Acquired | 116394 | Direct |
| 2023-02-20 | Common Stock | F | 35551 | $19.18 | Disposed | 80843 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-20 | Restricted Share Units | $ | A | 16684 | Acquired | Common Stock (16684.0) | Direct | |
| 2023-02-20 | Restricted Share Units | $ | A | 21112 | Acquired | Common Stock (21112.0) | Direct | |
| 2023-02-20 | Restricted Share Units | $ | A | 21683 | Acquired | Common Stock (21683.0) | Direct | |
| 2023-02-20 | Restricted Share Units | $ | M | 32390 | Disposed | Common Stock (32390.0) | Direct | |
| 2023-02-20 | Restricted Share Units | $ | M | 11302 | Disposed | Common Stock (11302.0) | Direct | |
| 2023-02-20 | Restricted Share Units | $ | M | 13036 | Disposed | Common Stock (13036.0) | Direct | |
| 2023-02-20 | Restricted Share Units | $ | M | 3265 | Disposed | Common Stock (3265.0) | 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 settlement of dividend equivalents into shares of the Company's common stock at vesting.
F3: On February 17, 2023, the last preceding business day prior to the transaction, the closing price of the Company's common stock on the New York Stock Exchange was $19.18.
F4: These restricted share units vest in three equal annual installments beginning on February 20, 2024.
F5: On February 20, 2023, the performance targets associated with these restricted share units were certified as having been achieved.
F6: These restricted share units vest in three equal annual installments beginning on February 20, 2023.
F7: These restricted share units cliff vest on February 20, 2023.
F8: These restricted share units vest in three equal annual installments beginning on February 20, 2022.
F9: These restricted share units vest in three equal annual installments beginning on February 20, 2021.