SEC Form 4 · accession 0001225208-17-004204
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Liding
Officer — EVP, Controller and CAO
Period of report
Feb 18, 2017
Accepted (ET)
Feb 22, 2017 · 8:45 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 18, 2017 | M | 982 | $0.00 | A | 22,141 | D | |
| CBS Class B common stock | Feb 18, 2017 | F | 403 | $65.69 | D | 21,738 | D | |
| CBS Class B common stockF1 | Feb 19, 2017 | M | 1,555 | $0.00 | A | 23,293 | D | |
| CBS Class B common stock | Feb 19, 2017 | F | 576 | $65.69 | D | 22,717 | D | |
| CBS Class B common stockF1 | Feb 20, 2017 | M | 1,189 | $0.00 | A | 23,906 | D | |
| CBS Class B common stock | Feb 20, 2017 | F | 441 | $65.69 | D | 23,465 | D | |
| CBS Class B common stock | holding | — | — | — | 149 | 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 18, 2017 | M | 982 | D | Feb 18, 2017 | — | CBS Class B common stock | 982 | 2,948 | D |
| Restricted Share UnitsF2,F4 | — | Feb 19, 2017 | M | 1,555 | D | Feb 19, 2016 | — | CBS Class B common stock | 1,555 | 3,111 | D |
| Restricted Share UnitsF2,F5 | — | Feb 20, 2017 | M | 1,189 | D | Feb 20, 2015 | — | CBS Class B common stock | 1,189 | 1,190 | D |
Explanation of responses
- F1On February 17, 2017, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $65.69.
- F2Granted under the Issuer's long term incentive plan.
- F3These Restricted Share Units vest in four equal annual installments beginning on February 18, 2017 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F4These Restricted Share Units vest in four equal annual installments beginning on February 19, 2016 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F5These Restricted Share Units vest in four equal annual installments beginning on February 20, 2015 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.