Richard H. Sauer - 20 Feb 2023 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 2023
Net transactions value
-$681,868
Form type
4
Filing time
22 Feb 2023, 20:50:50 UTC
Previous filing
23 Feb 2022
Next filing
22 Feb 2024
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 +32,390 +62% $0.000000 84,469 20 Feb 2023 Direct F1
transaction OUT Common Stock Options Exercise $0 +11,302 +13% $0.000000 95,771 20 Feb 2023 Direct F1
transaction OUT Common Stock Options Exercise $0 +13,036 +14% $0.000000 108,807 20 Feb 2023 Direct F1
transaction OUT Common Stock Options Exercise $0 +3,265 +3% $0.000000 112,072 20 Feb 2023 Direct F1
transaction OUT Common Stock Award $0 +4,322 +3.9% $0.000000 116,394 20 Feb 2023 Direct F2
transaction OUT Common Stock Tax liability $681,868 -35,551 -31% $19.18 80,843 20 Feb 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 +16,684 $0.000000 16,684 20 Feb 2023 Common Stock 16,684 Direct F1, F4
transaction OUT Restricted Share Units Award $0 +21,112 +165% $0.000000 33,906 20 Feb 2023 Common Stock 21,112 Direct F1, F5, F6
transaction OUT Restricted Share Units Award $0 +21,683 +203% $0.000000 32,390 20 Feb 2023 Common Stock 21,683 Direct F1, F5, F7
transaction OUT Restricted Share Units Options Exercise $0 -32,390 -100% $0.000000* 0 20 Feb 2023 Common Stock 32,390 Direct F1, F7
transaction OUT Restricted Share Units Options Exercise $0 -11,302 -33% $0.000000 22,604 20 Feb 2023 Common Stock 11,302 Direct F1, F6
transaction OUT Restricted Share Units Options Exercise $0 -13,036 -50% $0.000000 13,035 20 Feb 2023 Common Stock 13,036 Direct F1, F8
transaction OUT Restricted Share Units Options Exercise $0 -3,265 -100% $0.000000* 0 20 Feb 2023 Common Stock 3,265 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.