SEC Form 4 · accession 0001225208-17-016212

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

Oct 10, 2017

Accepted (ET)

Oct 11, 2017 · 8:27 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	Oct 10, 2017	M	150,000	$34.06	A	1,182,652	D
CBS Class B common stock^F2	Oct 10, 2017	S	17,640	$58.2553	D	1,165,012	D
CBS Class B common stock^F3	Oct 10, 2017	S	132,360	$57.5402	D	1,032,652	D
CBS Class B common stock^F5	Oct 10, 2017	S	1,500	$58.267	D	55,424	I	By 2010 Trust II
CBS Class B common stock^F6	Oct 10, 2017	S	12,500	$57.5382	D	42,924	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	$34.06	Oct 10, 2017	M	150,000	D	Oct 18, 2013	Oct 18, 2020	CBS Class B common stock	150,000	440,305	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 $58.12 to $58.465, 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 $57.12 to $58.110, 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 $58.14 to $58.40, 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 $57.14 to $58.12, 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.