SEC Form 4 · accession 0001225208-16-032794
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Anschell
Officer — EVP, Deputy GC and Secretary
Period of report
May 5, 2016
Accepted (ET)
May 6, 2016 · 6:15 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 stockF1 | May 5, 2016 | M | 5,097 | $29.44 | A | 13,061 | D | |
| CBS Class B common stock | May 5, 2016 | M | 3,849 | $43.21 | A | 16,910 | D | |
| CBS Class B common stockF2 | May 5, 2016 | S | 8,946 | $57.0926 | D | 7,964 | D | |
| CBS Class B common stock | holding | — | — | — | 766 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F4 | $43.21 | May 5, 2016 | M | 3,849 | D | Feb 12, 2016 | Feb 12, 2021 | CBS Class B common stock | 3,849 | 3,850 | D |
| Employee Stock Option (right to buy)F3 | $29.44 | May 5, 2016 | M | 5,097 | D | Feb 23, 2016 | Feb 23, 2020 | CBS Class B common stock | 5,097 | 0 | D |
Explanation of responses
- F1Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.93 to $57.26, 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.
- F3Right to buy under Issuer's long term incentive plan.
- F4These options will vest in two equal annual installments beginning on February 12, 2016.