SEC Form 4 · accession 0001225208-18-004485
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
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 8:32 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 23, 2018 | M | 125,875 | $0.00 | A | 1,064,030 | D | |
| CBS Class B common stockF1 | Feb 23, 2018 | M | 38,958 | $0.00 | A | 1,102,988 | D | |
| CBS Class B common stock | Feb 23, 2018 | F | 90,329 | $55.12 | D | 1,012,659 | D | |
| CBS Class B common stock | holding | — | — | — | 116,548 | I | By 2010 Trust II | |
| CBS Class B common stock | holding | — | — | — | 2,131 | I | By 401(k) | |
| 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 | — | — | — | 94,273 | I | By Family Trust U | |
| CBS Class B common stock | holding | — | — | — | 183,817 | I | By Family Trust V | |
| 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 | — | — | — | 2,750 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F3 | — | Feb 23, 2018 | M | 38,958 | D | Feb 23, 2018 | — | CBS Class B common stock | 38,958 | 77,917 | D |
| Restricted Share Units - SF2,F4 | — | Feb 23, 2018 | M | 125,875 | D | Feb 23, 2018 | — | CBS Class B common stock | 125,875 | 0 | D |
Explanation of responses
- F1On February 23, 2018, the closing price of the CBS Class B common stock on the NYSE was $55.12.
- F2Granted under the Issuer's long term incentive plan.
- F3These Restricted Share Units vest in three equal installments on each of February 23, 2018, February 23, 2019 and June 30, 2019.
- F4These Restricted Share Units vest on February 23, 2018 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.