SEC Form 4 · accession 0001225208-16-023650
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Tu
Officer — Sr.EVP, Chief Legal Officer
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 8:55 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 | Jan 1, 2016 | M | 12,551 | $0.00 | A | 24,293 | D | |
| CBS Class B common stock | Jan 1, 2016 | F | 4,828 | $47.13 | D | 19,465 | D | |
| CBS Class B common stock | holding | — | — | — | 184 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F3 | — | Jan 1, 2016 | M | 12,551 | D | Jan 1, 2015 | — | CBS Class B common stock | 12,551 | 0 | D |
Explanation of responses
- F1On December 31, 2015, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $47.13.
- F2Granted under the Issuer's long term incentive plan.
- F3These Restricted Share Units (RSUs) vest in two equal annual installments and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
Remarks
ltu-ex24.txt