Richard Sauer - Feb 20, 2023 Form 4 Insider Report for OUTFRONT Media Inc. (OUT)

Signature
/s/ Louis Capocasale, Attorney-in-fact for Richard Sauer
Stock symbol
OUT
Transactions as of
Feb 20, 2023
Transactions value $
-$681,868
Form type
4
Date filed
2/22/2023, 08:50 PM
Previous filing
Feb 23, 2022
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OUT Common Stock Options Exercise $0 +32.4K +62.19% $0.00 84.5K Feb 20, 2023 Direct F1
transaction OUT Common Stock Options Exercise $0 +11.3K +13.38% $0.00 95.8K Feb 20, 2023 Direct F1
transaction OUT Common Stock Options Exercise $0 +13K +13.61% $0.00 109K Feb 20, 2023 Direct F1
transaction OUT Common Stock Options Exercise $0 +3.27K +3% $0.00 112K Feb 20, 2023 Direct F1
transaction OUT Common Stock Award $0 +4.32K +3.86% $0.00 116K Feb 20, 2023 Direct F2
transaction OUT Common Stock Tax liability -$682K -35.6K -30.54% $19.18 80.8K Feb 20, 2023 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 +16.7K $0.00 16.7K Feb 20, 2023 Common Stock 16.7K Direct F1, F4
transaction OUT Restricted Share Units Award $0 +21.1K +165.01% $0.00 33.9K Feb 20, 2023 Common Stock 21.1K Direct F1, F5, F6
transaction OUT Restricted Share Units Award $0 +21.7K +202.51% $0.00 32.4K Feb 20, 2023 Common Stock 21.7K Direct F1, F5, F7
transaction OUT Restricted Share Units Options Exercise $0 -32.4K -100% $0.00* 0 Feb 20, 2023 Common Stock 32.4K Direct F1, F7
transaction OUT Restricted Share Units Options Exercise $0 -11.3K -33.33% $0.00 22.6K Feb 20, 2023 Common Stock 11.3K Direct F1, F6
transaction OUT Restricted Share Units Options Exercise $0 -13K -50% $0.00 13K Feb 20, 2023 Common Stock 13K Direct F1, F8
transaction OUT Restricted Share Units Options Exercise $0 -3.27K -100% $0.00* 0 Feb 20, 2023 Common Stock 3.27K Direct F1, F9
* 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 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.