SEC Form 4 · accession 0001225208-15-012214
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
May 14, 2015
Accepted (ET)
May 15, 2015 · 9:15 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 | May 14, 2015 | M | 255,000 | $23.19 | A | 911,935 | D | |
| CBS Class B common stockF2 | May 14, 2015 | S | 255,000 | $59.7005 | D | 656,935 | D | |
| CBS Class B common stock | holding | — | — | — | 4,353 | I | By 2008 Trust II | |
| CBS Class B common stockF3 | holding | — | — | — | 348,091 | I | By 2010 Trust II | |
| CBS Class B common stock | holding | — | — | — | 2,064 | I | By 401(k) | |
| CBS Class B common stock | holding | — | — | — | 154,792 | I | By Family Trust B | |
| CBS Class B common stockF4 | holding | — | — | — | 101,611 | I | By Family Trust H | |
| CBS Class B common stockF4 | holding | — | — | — | 21,566 | I | By Family Trust I | |
| CBS Class B common stockF4 | holding | — | — | — | 39,753 | I | By Family Trust M | |
| CBS Class B common stockF4 | holding | — | — | — | 5,440 | I | By Family Trust N | |
| CBS Class B common stock | holding | — | — | — | 700,000 | I | By Family Trust O | |
| CBS Class B common stock | holding | — | — | — | 271 | I | By IRA | |
| CBS Class B common stock | holding | — | — | — | 1,976 | I | By Spouse | |
| CBS Class B common stock | holding | — | — | — | 2,664 | I | By Spouse - 401(k) Plan |
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)F5,F6 | $23.19 | May 14, 2015 | M | 255,000 | D | — | Mar 1, 2019 | CBS Class B common stock | 255,000 | 1,275,000 | D |
Explanation of responses
- 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 $59.52 to $60.18, 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.
- F3Includes shares acquired by Family Trust F pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11 and transferred to the 2010 Trust II since the Reporting Person's last ownership report.
- F4Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- F5Right to buy under Issuer's long term incentive plan.
- F6Current.