SEC Form 4 · accession 0001225208-15-008467

CBS CORP · CBS, CBS.A

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer

Period of report

Mar 23, 2015

Accepted (ET)

Mar 24, 2015 · 9:07 pm EDT

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 stock	Mar 23, 2015	M	18,102	$23.19	A	233,170	D
CBS Class B common stock	Mar 23, 2015	S	100	$63.64	D	233,070	D
CBS Class B common stock^F2	Mar 23, 2015	S	18,002	$63.1034	D	215,068	D
CBS Class B common stock	holding	—	—		—	4,007	I	By 401(k)
CBS Class B common stock^F3	holding	—	—		—	2,322	I	By Spouse - 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F4,F5	$23.19	Mar 23, 2015	M	18,102	D	Mar 1, 2012	Mar 1, 2019	CBS Class B common stock	18,102	0	D

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.62 to $63.58, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purposes.
F4Right to buy under Issuer's long term incentive plan.
F5This option vested in four equal annual installments beginning March 1, 2012.