SEC Form 4 · accession 0001225208-18-003473
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha L. Minow
Director
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 7:07 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 stockF1 | Feb 15, 2018 | M | 2,166 | $0.00 | A | 2,166 | D | |
| CBS Class B common stockF2,F1 | Feb 15, 2018 | A | 21 | $0.00 | A | 2,187 | D |
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 | — | Feb 15, 2018 | M | 2,166 | D | Feb 15, 2018 | — | CBS Class B common stock | 2,166 | 0 | D |
| Restricted Share UnitsF3,F5 | — | Feb 15, 2018 | A | 3,525 | A | Feb 15, 2019 | — | CBS Class B common stock | 3,525 | 3,525 | D |
Explanation of responses
- F1On February 15, 2018, the closing price of the CBS Class B common stock on the NYSE was $56.74.
- F2Acquired in connection with the settlement of Restricted Share Units upon which dividend equivalents accrued prior to vesting.
- F3Granted under the Issuer's Equity Plan for Outside Directors.
- F4The Restricted Share Units, which were granted on May 26, 2017, vested on February 15, 2018 and were settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock.
- F5The Restricted Share Units will vest on February 15, 2019 and will be settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock upon vesting, unless the Reporting Person has elected to defer settlement.