SEC Form 4 · accession 0001225208-17-003297
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Ianniello
Officer — Chief Operating Officer
Period of report
Feb 12, 2017
Accepted (ET)
Feb 14, 2017 · 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 12, 2017 | M | 15,275 | $0.00 | A | 267,032 | D | |
| CBS Class B common stock | Feb 12, 2017 | F | 8,551 | $64.40 | D | 258,481 | D | |
| CBS Class B common stock | holding | — | — | — | 4,088 | I | By 401(k) | |
| CBS Class B common stock | holding | — | — | — | 2,368 | I | By Spouse - 401(k) Plan |
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 12, 2017 | M | 15,275 | D | Feb 12, 2014 | — | CBS Class B common stock | 15,275 | 0 | D |
Explanation of responses
- F1On February 10, 2017, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $64.40.
- F2Granted under the Issuer's long term incentive plan.
- F3These Restricted Share Units (RSUs) vested in four equal annual installments and were settled by delivery of a corresponding number of the Issuer's shares upon vesting.