SEC Form 4 · accession 0001225208-17-015188
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie Moonves
Officer — Chairman, President & CEO · Director
Period of report
Sep 19, 2017
Accepted (ET)
Sep 21, 2017 · 8:18 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 | Sep 19, 2017 | M | 100,000 | $29.44 | A | 1,132,652 | D | |
| CBS Class B common stock | Sep 19, 2017 | M | 50,000 | $34.06 | A | 1,182,652 | D | |
| CBS Class B common stockF2 | Sep 19, 2017 | S | 67,384 | $57.7874 | D | 1,115,268 | D | |
| CBS Class B common stockF3 | Sep 19, 2017 | S | 82,616 | $58.7342 | D | 1,032,652 | D | |
| CBS Class B common stockF5 | Sep 19, 2017 | S | 6,400 | $57.8114 | D | 78,524 | I | By 2010 Trust II |
| CBS Class B common stockF6 | Sep 19, 2017 | S | 7,600 | $58.7393 | D | 70,924 | I | By 2010 Trust II |
| CBS Class B common stock | holding | — | — | — | 2,116 | I | By 401(k) | |
| CBS Class B common stock | holding | — | — | — | 227,587 | I | By Family Trust Q | |
| CBS Class B common stock | holding | — | — | — | 65,715 | I | By Family Trust R | |
| CBS Class B common stock | holding | — | — | — | 272,616 | I | By Family Trust S | |
| CBS Class B common stock | holding | — | — | — | 180,415 | I | By Family Trust T | |
| CBS Class B common stock | holding | — | — | — | 189,324 | I | By Family Trust U | |
| CBS Class B common stock | holding | — | — | — | 271 | I | By IRA | |
| CBS Class B common stock | holding | — | — | — | 1,976 | I | By Spouse | |
| CBS Class B common stock | holding | — | — | — | 2,731 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F7,F8 | $29.44 | Sep 19, 2017 | M | 100,000 | D | — | Feb 23, 2020 | CBS Class B common stock | 100,000 | 0 | D |
| Employee Stock Option (right to buy)F7 | $34.06 | Sep 19, 2017 | M | 50,000 | D | Oct 18, 2013 | Oct 18, 2020 | CBS Class B common stock | 50,000 | 740,305 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.46 to $58.455, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.46 to $58.98, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by The Moonves 2010 Family Trust II.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.45 to $58.445, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.46 to $58.97, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7Right to buy under Issuer's long term incentive plan.
- F8Current.