Richard H. Sauer - 20 Feb 2024 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 2024
Net transactions value
-$287,295
Form type
4
Filing time
22 Feb 2024, 18:25:37 UTC
Previous filing
22 Feb 2023
Next filing
24 Feb 2025
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 +11,067 +14% $0.000000 91,910 20 Feb 2024 Direct F1
transaction OUT Common Stock Options Exercise $0 +11,302 +12% $0.000000 103,212 20 Feb 2024 Direct F1
transaction OUT Common Stock Options Exercise $0 +13,035 +13% $0.000000 116,247 20 Feb 2024 Direct F1
transaction OUT Common Stock Award $0 +5,973 +5.1% $0.000000 122,220 20 Feb 2024 Direct F2
transaction OUT Common Stock Tax liability $287,295 -23,113 -19% $12.43 99,107 20 Feb 2024 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 +25,744 $0.000000 25,744 20 Feb 2024 Common Stock 25,744 Direct F1, F4
transaction OUT Restricted Share Units Award $0 +16,518 +99% $0.000000 33,202 20 Feb 2024 Common Stock 16,518 Direct F1, F5, F6
transaction OUT Restricted Share Units Options Exercise $0 -11,067 -33% $0.000000 22,135 20 Feb 2024 Common Stock 11,067 Direct F1, F6
transaction OUT Restricted Share Units Options Exercise $0 -11,302 -50% $0.000000 11,302 20 Feb 2024 Common Stock 11,302 Direct F1, F7
transaction OUT Restricted Share Units Options Exercise $0 -13,035 -100% $0.000000* 0 20 Feb 2024 Common Stock 13,035 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 settlement of dividend equivalents into shares of the Company's common stock at vesting.
F3 On February 20, 2024, the closing price of the Company's common stock on the New York Stock Exchange was $12.43.
F4 These restricted share units vest in three equal annual installments beginning on February 20, 2025.
F5 On February 20, 2024, 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, 2024.
F7 These restricted share units vest in three equal annual installments beginning on February 20, 2023.
F8 These restricted share units vest in three equal annual installments beginning on February 20, 2022.