SEC Form 4 · accession 0001225208-17-017235
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K Gifford
Director
Period of report
Nov 8, 2017
Accepted (ET)
Nov 13, 2017 · 4:54 pm EST
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 | Nov 8, 2017 | M | 5,093 | $25.20 | A | 70,273 | D | |
| CBS Class B common stockF1 | Nov 8, 2017 | S | 5,093 | $57.3309 | D | 65,180 | D | |
| CBS Class B common stock | holding | — | — | — | 1,500 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F2,F3 | $25.20 | Nov 8, 2017 | M | 5,093 | D | — | Jan 31, 2018 | CBS Class B common stock | 5,093 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.3101 to $57.354 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.
- F2Right to buy under Issuer's stock option plan for outside directors.
- F3Current.