SEC Form 4 · accession 0001225208-16-027702
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
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 8:52 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,F2 | Feb 19, 2016 | M | 9,067 | $0.00 | A | 28,672 | D | |
| CBS Class B common stock | Feb 19, 2016 | F | 4,712 | $45.09 | D | 23,960 | D | |
| CBS Class B common stockF3 | Feb 20, 2016 | M | 8,325 | $0.00 | A | 32,285 | D | |
| CBS Class B common stock | Feb 20, 2016 | F | 4,327 | $45.09 | D | 27,958 | 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 UnitsF4,F5 | — | Feb 19, 2016 | M | 9,067 | D | Feb 19, 2016 | — | CBS Class B common stock | 9,067 | 27,209 | D |
| Restricted Share UnitsF4,F6 | — | Feb 20, 2016 | M | 8,325 | D | Feb 20, 2015 | — | CBS Class B common stock | 8,325 | 16,647 | D |
Explanation of responses
- F1On February 19, 2016, the closing price of the CBS Class B common stock on the NYSE was $45.09.
- F2Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- F3On February 19, 2016, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $45.09.
- 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.