SEC Form 4 · accession 0001225208-15-005282
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony G Ambrosio
Officer — Sr.EVP Chief Admin & HR Ofcr
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 9:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CBS Class B common stockF1 | Feb 20, 2015 | M | 4,161 | $0.00 | A | 42,400 | D | |
| CBS Class B common stock | Feb 20, 2015 | F | 2,159 | $59.50 | D | 40,241 | D | |
| CBS Class B common stock | holding | — | — | — | 5,153 | I | By 401(k) | |
| CBS Class B common stock | holding | — | — | — | 1 | I | By Custodian For Child | |
| CBS Class B common stock | holding | — | — | — | 12,335 | I | By Family Trust #3 | |
| CBS Class B common stock | holding | — | — | — | 30,000 | I | By Family Trust #4 | |
| CBS Class B common stock | holding | — | — | — | 31,164 | I | By Family Trust #5 | |
| CBS Class B common stock | holding | — | — | — | 12,000 | I | By Family Trust A | |
| CBS Class B common stock | holding | — | — | — | 12,001 | I | By Family Trust B | |
| CBS Class B common stock | holding | — | — | — | 30,000 | I | By FamilyTrust #6 |
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)F2,F3 | $59.54 | Feb 19, 2015 | A | 44,388 | A | Feb 19, 2016 | Feb 19, 2023 | CBS Class B common stock | 44,388 | 44,388 | D |
| Restricted Share UnitsF4,F5 | — | Feb 19, 2015 | A | 8,817 | A | Feb 19, 2016 | — | CBS Class B common stock | 8,817 | 8,817 | D |
| Restricted Share UnitsF4,F6 | — | Feb 19, 2015 | A | 8,682 | A | Feb 20, 2015 | — | CBS Class B common stock | 8,682 | 16,647 | D |
| Restricted Share UnitsF4,F6 | — | Feb 20, 2015 | M | 4,161 | D | Feb 20, 2015 | — | CBS Class B common stock | 4,161 | 12,486 | D |
Explanation of responses
- F1On February 20, 2015, the closing price of the CBS Class B common stock on the NYSE was $59.50.
- F2Right to buy under Issuer's long term incentive plan.
- F3This option vests in four equal annual installments beginning on February 19, 2016.
- F4Granted under the Issuer's long term incentive plan.
- F5These Restricted Share Units vest in four equal annual installments beginning on February 19, 2016 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F6These Restricted Share Units vest in four equal annual installments beginning on February 20, 2015 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F7On February 19, 2015, the performance target associated with these Restricted Share Units was certified as having been achieved.