SEC Form 4 · accession 0001225208-16-042535
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony G Ambrosio
Officer — Sr.EVP Chief Admin & HR Ofcr
Period of report
Nov 29, 2016
Accepted (ET)
Dec 1, 2016 · 5:38 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 | Nov 29, 2016 | M | 15,120 | $13.43 | A | 35,926 | D | |
| CBS Class B common stockF3 | Nov 29, 2016 | S | 15,120 | $60.979 | D | 20,806 | D | |
| CBS Class B common stock | holding | — | — | — | 5,362 | I | By 401(k) | |
| CBS Class B common stock | holding | — | — | — | 1 | I | By Custodian For Child | |
| CBS Class B common stockF1 | holding | — | — | — | 9,293 | I | By Family Trust #9 | |
| CBS Class B common stock | holding | — | — | — | 22,635 | I | By Family Trust # 14 | |
| CBS Class B common stock | holding | — | — | — | 11,115 | I | By Family Trust #10 | |
| CBS Class B common stock | holding | — | — | — | 16,251 | I | By Family Trust #11 | |
| CBS Class B common stock | holding | — | — | — | 17,801 | I | By Family Trust #12 | |
| CBS Class B common stock | holding | — | — | — | 18,005 | I | By Family Trust #13 | |
| CBS Class B common stock | holding | — | — | — | 16,995 | I | By Family Trust #7 | |
| CBS Class B common stock | holding | — | — | — | 27,365 | I | By Family Trust #8 | |
| CBS Class B common stockF1 | holding | — | — | — | 14,115 | I | By Family Trust A | |
| CBS Class B common stockF1 | holding | — | — | — | 14,116 | I | By Family Trust B |
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)F4,F5 | $13.43 | Nov 29, 2016 | M | 15,120 | D | — | Mar 1, 2018 | CBS Class B common stock | 15,120 | 30,247 | D |
Explanation of responses
- F1Since the reporting person's last ownership report, shares of CBS Class B common stock were transferred from Family Trusts #6 and #9 to the reporting person and from Family Trust #6 to Family Trusts A and B.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.41 to $61.25, 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.
- F4Right to buy under Issuer's long term incentive plan.
- F5Current.