Outfront Media (OUT) Form 4 OUTFRONT Media / Andrew Sriubas ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sriubas Andrew

(Last) (First) (Middle)

C/O OUTFRONT MEDIA INC.

90 PARK AVENUE, 9TH FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OUTFRONT Media Inc. [ OUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2024		M		27,668	A	$0(1)	341,708	D
Common Stock	02/20/2024		M		28,257	A	$0(1)	369,965	D
Common Stock	02/20/2024		M		34,761	A	$0(1)	404,726	D
Common Stock	02/20/2024		A(2)		15,395	A	$0(2)	420,121	D
Common Stock	02/20/2024		F		42,420	D	$12.43(3)	377,701	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	02/20/2024		A		64,360		02/20/2025(4)	(4)	Common Stock	64,360	$0	64,360	D
Restricted Share Units	(1)	02/20/2024		A(5)		41,295		02/20/2024(6)	(6)	Common Stock	41,295	$0	83,005	D
Restricted Share Units	(1)	02/20/2024		M			27,668	02/20/2024(6)	(6)	Common Stock	27,668	$0	55,337	D
Restricted Share Units	(1)	02/20/2024		M			28,257	02/20/2023(7)	(7)	Common Stock	28,257	$0	28,255	D
Restricted Share Units	(1)	02/20/2024		M			34,761	02/20/2022(8)	(8)	Common Stock	34,761	$0	0	D

Explanation of Responses:

1. 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.

2. Includes shares acquired due to settlement of dividend equivalents into shares of the Company's common stock at vesting.

3. On February 20, 2024, the closing price of the Company's common stock on the New York Stock Exchange was $12.43.

4. These restricted share units vest in three equal annual installments beginning on February 20, 2025.

5. On February 20, 2024, the performance targets associated with these restricted share units were certified as having been achieved.

6. These restricted share units vest in three equal annual installments beginning on February 20, 2024.

7. These restricted share units vest in three equal annual installments beginning on February 20, 2023.

8. These restricted share units vest in three equal annual installments beginning on February 20, 2022.

Remarks:

	/s/ Louis Capocasale, Attorney-in-fact for Andrew Sriubas	02/22/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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