Richard H. Sauer - 20 Feb 2022 Form 4 Insider Report for OUTFRONT Media Inc. (OUT)

Role
EVP, General Counsel
Signature
/s/ Louis Capocasale, Attorney-in-fact for Richard Sauer
Issuer symbol
OUT
Transactions as of
20 Feb 2022
Net transactions value
-$379,727
Form type
4
Filing time
23 Feb 2022, 20:55:03 UTC
Previous filing
30 Aug 2021
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUT Common Stock Options Exercise $0 +13,035 +33% $0.000000 53,116 20 Feb 2022 Direct F1
transaction OUT Common Stock Options Exercise $0 +3,265 +6.1% $0.000000 56,381 20 Feb 2022 Direct F1
transaction OUT Common Stock Options Exercise $0 +9,903 +18% $0.000000 66,284 20 Feb 2022 Direct F1
transaction OUT Common Stock Award $0 +978 +1.5% $0.000000 67,262 20 Feb 2022 Direct F2
transaction OUT Common Stock Tax liability $379,727 -15,183 -23% $25.01 52,079 20 Feb 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OUT Restricted Share Units Award $0 +12,794 $0.000000 12,794 20 Feb 2022 Common Stock 12,794 Direct F1, F4
transaction OUT Restricted Share Units Award $0 +25,140 +180% $0.000000 39,106 20 Feb 2022 Common Stock 25,140 Direct F1, F5, F6
transaction OUT Restricted Share Units Options Exercise $0 -13,035 -33% $0.000000 26,071 20 Feb 2022 Common Stock 13,035 Direct F1, F6
transaction OUT Restricted Share Units Options Exercise $0 -3,265 -50% $0.000000 3,265 20 Feb 2022 Common Stock 3,265 Direct F1, F7
transaction OUT Restricted Share Units Options Exercise $0 -9,903 -100% $0.000000* 0 20 Feb 2022 Common Stock 9,903 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 February 18, 2022, 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 $25.01.
F4 These restricted share units vest in three equal annual installments beginning on February 20, 2023.
F5 On February 20, 2022, 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, 2022.
F7 These restricted share units vest in three equal annual installments beginning on February 20, 2021.
F8 These restricted share units vest in three equal annual installments beginning on February 20, 2020.