SEC Form 4 · accession 0001225208-16-028364
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gil D Schwartz
Officer — Sr.EVP, Chief Commun. Officer
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 8:37 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 | Feb 23, 2016 | M | 6,726 | $0.00 | A | 60,275 | D | |
| CBS Class B common stock | Feb 23, 2016 | F | 3,767 | $46.96 | D | 56,508 | D | |
| CBS Class B common stock | holding | — | — | — | 4,666 | 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 | — | Feb 23, 2016 | M | 6,726 | D | Feb 23, 2013 | — | CBS Class B common stock | 6,726 | 0 | D |
Explanation of responses
- F1On February 23, 2016, the closing price of the CBS Class B common stock on the NYSE was $46.96.
- F2Granted under the Issuer's long term incentive plan.
- F3These Restricted Share Units vested in four equal annual installments beginning on February 23, 2013 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.