SEC Form 4 · accession 0001225208-17-011580
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gil D Schwartz
Officer — Sr.EVP, Chief Commun. Officer
Period of report
Jun 22, 2017
Accepted (ET)
Jun 23, 2017 · 6:20 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 stock | Jun 22, 2017 | M | 5,270 | $23.19 | A | 60,322 | D | |
| CBS Class B common stock | Jun 22, 2017 | S | 5,270 | $62.27 | D | 55,052 | D | |
| CBS Class B common stock | holding | — | — | — | 4,714 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $23.19 | Jun 22, 2017 | M | 5,270 | D | Mar 1, 2012 | Mar 1, 2019 | CBS Class B common stock | 5,270 | 57,971 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F2Right to buy under Issuer's long term incentive plan.
- F3Current. This option vested in four equal annual installments beginning on March 1, 2012.