SEC Form 4 · accession 0001225208-15-012891
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Califano
Director
Period of report
May 22, 2015
Accepted (ET)
May 27, 2015 · 6:24 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 22, 2015 | M | 5,093 | $26.13 | A | 58,992 | D | |
| CBS Class B common stockF1 | May 22, 2015 | S | 5,093 | $61.6389 | D | 53,899 | D | |
| CBS Class B common stock | May 26, 2015 | A | 24 | $60.68 | A | 53,923 | D | |
| CBS Class B common stockF3 | holding | — | — | — | 927 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F4,F5 | $26.13 | May 22, 2015 | M | 5,093 | D | — | Jan 31, 2016 | CBS Class B common stock | 5,093 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.63 to $61.64 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.
- F2Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled with respect to dividend equivalents accrued on previously vested restricted share units for which settlement has been deferred.
- 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 stock option plan for outside directors.
- F5Current.