SEC Form 4 · accession 0001225208-17-014102
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
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 6:50 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,F2 | Aug 14, 2017 | M | 1,261 | $0.00 | A | 22,008 | D | |
| CBS Class B common stock | Aug 14, 2017 | F | 651 | $66.28 | D | 21,357 | D | |
| CBS Class B common stock | holding | — | — | — | 150 | 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 UnitsF3,F4 | — | Aug 14, 2017 | M | 1,261 | D | Aug 14, 2015 | — | CBS Class B common stock | 1,261 | 1,262 | D |
Explanation of responses
- F1On August 14, 2017, the closing price of the CBS Class B common stock on the NYSE was $66.28.
- F2Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- F3Granted under the Issuer's long term incentive plan.
- F4These Restricted Share Units vest in four equal annual installments beginning on August 14, 2015 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.