SEC Form 4 · accession 0001209191-16-111044
Viacom Inc. · VIA, VIAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederic V Salerno
Director
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001339947
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Mar 28, 2016 | A | 1,238 | A | — | — | Class B Common Stock | 1,238 | 1,238 | D |
Explanation of responses
- F1Granted under the Viacom Inc. 2011 RSU Plan for Outside Directors, as amended and restated as of January 1, 2016, for no consideration.
- F2These Restricted Share Units ("RSUs") were granted to the director in connection with his election on March 16, 2016 to the newly created position of Lead Independent Director of the Board of Directors. The RSUs represent $50,000 in value based on the closing price of the Class B Common Stock on The NASDAQ Global Select Market on the date of grant of $40.37 per share. The RSUs will vest on March 28, 2017 and a corresponding number of Class B shares will be delivered on that date.