SEC Form 4 · accession 0001225208-18-003653
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
Feb 18, 2018
Accepted (ET)
Feb 21, 2018 · 8:46 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,F2 | Feb 18, 2018 | M | 2,146 | $0.00 | A | 23,631 | D | |
| CBS Class B common stock | Feb 18, 2018 | F | 730 | $55.39 | D | 22,901 | D | |
| CBS Class B common stockF1 | Feb 19, 2018 | M | 1,558 | $0.00 | A | 24,459 | D | |
| CBS Class B common stock | Feb 19, 2018 | F | 529 | $55.39 | D | 23,930 | D | |
| CBS Class B common stock | holding | — | — | — | 151 | 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 | — | Feb 18, 2018 | M | 2,146 | D | Feb 18, 2018 | — | CBS Class B common stock | 2,146 | 4,288 | D |
| Restricted Share UnitsF3,F5 | — | Feb 19, 2018 | M | 1,558 | D | Feb 19, 2016 | — | CBS Class B common stock | 1,558 | 1,553 | D |
Explanation of responses
- F1On February 16, 2018, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $55.39.
- 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 or around February 18, 2017 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F5These Restricted Share Units vest in four equal annual installments beginning on February 19, 2016 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.