SEC Form 4 · accession 0001225208-16-043346
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L Countryman
Director
Period of report
Dec 14, 2016
Accepted (ET)
Dec 15, 2016 · 6:20 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 | Dec 14, 2016 | M | 12,734 | $30.58 | A | 62,790 | D | |
| CBS Class B common stockF2 | Dec 14, 2016 | S | 12,734 | $63.7965 | D | 50,056 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F3 | $30.58 | Dec 14, 2016 | M | 12,734 | D | Mar 27, 2008 | Mar 27, 2017 | CBS Class B common stock | 12,734 | 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 $63.52 to $64.00, 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 stock option plan for outside directors.