SEC Form 4 · accession 0001225208-17-010982
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
Jun 4, 2017
Accepted (ET)
Jun 6, 2017 · 8:03 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 | Jun 4, 2017 | M | 7,636 | $0.00 | A | 330,493 | D | |
| CBS Class B common stock | Jun 4, 2017 | F | 4,275 | $61.30 | D | 326,218 | D | |
| CBS Class B common stock | holding | — | — | — | 4,102 | I | By 401(k) | |
| CBS Class B common stockF2 | holding | — | — | — | 2,376 | 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 UnitsF3,F4 | — | Jun 4, 2017 | M | 7,636 | D | Jun 4, 2014 | — | CBS Class B common stock | 7,636 | 0 | D |
Explanation of responses
- F1On June 2, 2017, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $61.30.
- F2The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purposes.
- F3Granted under the Issuer's long term incentive plan
- F4The Restricted Share Units vest in four equal annual installments beginning on June 4, 2014 and will be settled by delivery of a corresponding number of the Issuer's shares upon vesting.