SEC Form 4 · accession 0001209191-17-007104
Viacom Inc. · VIA, VIAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shari Redstone
Officer — Vice Chair of the Board · Director
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001339947
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | Jan 31, 2017 | M | 3,834 | — | A | 26,352 | D | |
| Class B Common StockF2 | Jan 31, 2017 | A | 109 | — | A | 26,461 | D | |
| Class B Common StockF3 | holding | — | — | — | 1,500 | I | as Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4,F5 | — | Jan 31, 2017 | A | 4,152 | A | — | — | Class B Common Stock | 4,152 | 4,152 | D |
| Restricted Share UnitsF6,F1 | — | Jan 31, 2017 | M | 3,834 | D | — | — | Class B Common Stock | 3,834 | 0 | D |
Explanation of responses
- F1These shares represent Restricted Share Units ("RSUs") that were granted on January 31, 2016 and that vested on January 31, 2017, but which have not been received because the director elected to defer receipt. On the date of vesting, the closing price of the Class B Common Stock on The NASDAQ Global Select Market was $42.14 per share.
- F2These shares reflect dividend equivalents that accrued on the RSUs prior to vesting and that were reinvested in Class B common stock upon vesting, but which have not been received because the director elected to defer receipt.
- F3The director disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the director is the beneficial owner of such securities for purposes of Section 16 or any other purposes.
- F4Granted under the Viacom Inc. 2011 RSU Plan for Outside Directors, as amended and restated as of January 1, 2016, and as further amended and restated as of October 31, 2016, for no consideration.
- F5These Restricted Share Units will vest on January 31, 2018 and a corresponding number of Class B shares will be delivered on that date, unless the director has elected to defer receipt.
- F6Granted under the Viacom Inc. 2011 RSU Plan for Outside Directors, as amended and restated as of January 1, 2016, for no consideration.