SEC Form 4 · accession 0001225208-15-004844
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie Moonves
Officer — President & CEO · Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 19, 2015 · 9:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813828
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $59.54 | Feb 19, 2015 | A | 456,563 | A | Feb 19, 2016 | Feb 19, 2023 | CBS Class B common stock | 456,563 | 456,563 | D |
| Restricted Share UnitsF3,F4 | — | Feb 19, 2015 | A | 104,971 | A | Feb 19, 2016 | — | CBS Class B common stock | 104,971 | 104,971 | D |
| Restricted Share Units - SF3,F5 | — | Feb 19, 2015 | A | 90,958 | A | Feb 20, 2015 | — | CBS Class B common stock | 90,958 | 90,958 | I |
Explanation of responses
- F1Right to buy under Issuer's long term incentive plan.
- F2This option vests in four equal annual installments beginning on February 19, 2016.
- F3Granted under the Issuer's long term incentive plan.
- F4These Restricted Share Units vest in three equal annual installments and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F5These Restricted Share Units vest on February 20, 2015 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F6On February 19, 2015, the performance target associated with these Restricted Share Units was certified as having been achieved.